Recent GST changes simplify post-sale discounts via Credit Notes, mandate invoice-wise TDS reporting in GSTR-7, impose a 3-year limit on filing old returns, and introduce electronic filing for GSTAT ...
ABP News on MSN
GST Circular Brings Clarity For Manufacturers, But FMCG Distributors Face Cash Flow Pressures
GST circular clarifies trade discounts and credit notes, benefiting manufacturers, but FMCG distributors face blocked ITC and ...
Experts flag input tax credit blockage for FMCG distributors despite GST relief. Circular shifts compliance, cash-flow pressure.
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