Currently, there is no mechanism to track whether the Input Tax Credit (ITC) on such discounts has been reversed or not.
Till the time a functionality is made available on the common portal to enable the suppliers as well as the tax officers to verify the reversal, the supplier may procure a certificate from the recipient of the supply, issued by the Chartered Accountant (CA) or the Cost Accountant (CMA), certifying that the recipient has made the required proportionate reversal of ITC at his end in respect of such credit note issued by the supplier.
هذه القصة مأخوذة من طبعة June 28, 2024 من Millennium Post Delhi.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة June 28, 2024 من Millennium Post Delhi.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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'ENJOY WATCHING DIFFICULT FILMS WITH MY DAUGHTER'
Nawazuddin Siddiqui plays a cop in the lazy murder mystery Rautu Ka Raaz’
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50 wins and counting: Captain Sharma surpasses Dhoni, Kohli in T20 victory tally
Indian cricket captain Rohit Sharma has etched his name in the annals of cricket history by steering India to their second T20 World Cup title, ending a decade-long ICC trophy drought.
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Virat's victorious farewell
Kohli announces T20I retirement after world cup glory
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AND BACK OFF FROM WIDER MIDEAST WAR - US and Europe warn Lebanon's Hezbollah to ease strikes on Israel
US, European and Arab mediators are pressing to keep stepped-up cross-border attacks between Israel and Lebanon's Hezbollah militants from spiralling into a wider Middle East war that the world has feared for months.
US looks to lock in defense partnerships with Asian allies
In the face of growing threats from North Korea and China
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Bengal Guv discusses state dev with Finance minister
Bengal Governor, CV Ananda Bose, discussed issues of national importance with Finance minister Nirmala Sitharaman in New Delhi today.
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Govt dodging NEET debate: Cong
CONGRESS PRESSES FOR TRANSPARENCY IN NEET INVESTIGATION
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Govt forms ANRF, allots Rs 50,000 cr for national research initiatives
FOUNDATION SUBSUMES SERB
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Delhi rains: L-G VK Saxena conducts on-ground inspection
HEAVY RAIN LIKELY IN DELHI OVER NEXT FEW DAYS
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Challa Sreenivasulu Setty to become new chairman of SBI
FSIB RECOMMENDS HIM AS SUCCESSOR OF KHARA