News
Companies may soon be able to rectify GST returns for Non-IT errors
- Date:
- January 14, 2019
- Source:
- Economic Times
Indian businesses may soon be able to amend goods and services tax (GST) return mandated for carrying forward tax credit from the previous regime for non-IT related errors as well. The GST Council has directed a committee for IT grievance redressal to quickly draw up a solution that will give relief to industry. Thousands of crores of tax credit claimed by businesses have been denied because…