Government Notifies Amendment To Limit Pre-GST Tax Credits
A worker holds his Goods and Services Tax papers in his store at a wholesale market in the Old Delhi area of Delhi, India (Photographer: Anindito Mukherjee/Bloomberg)  

Government Notifies Amendment To Limit Pre-GST Tax Credits

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The government has notified a retrospective amendment to the Central Goods and Services Tax Act to limit transitional credit to taxpayers. In doing so, the government has also negated the impact of...