NEW DELHI: The GST Council has provided a much-needed relief to businesses, especially FMCG players, as credit notes are no longer linked to the invoices, which complicates matters for companies and ...
The income tax (I-T) department is investigating whether the BMC’s credit note policy was misused by developers for tax evasion. The BMC had issued credit notes worth Rs 415 crore to three contractors ...
The GST Council has eased compliance for businesses, particularly FMCG companies, by removing the requirement to link credit notes to specific invoices. This change addresses a long-standing pain ...