Many companies in a fix as working capital may be stuck due to a GST regulation

Economic Times

MUMBAI: Many companies could face a stress on their working after a Goods and Services  Tax ( GST ) regulation may lead to hundreds of crores stuck in  input tax credit claims. A government regulation that disallows companies to take input tax credit if vendor invoices are not uploaded on the  GST network is creating problems for the companies, said people in the know. According to…

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