Windmill commissioning evidence supported higher depreciation where grid connection and electricity generation proved operational use before the relev...
Pharmaceutical promotion and transfer-pricing comparability principles limited disallowances, while uncorroborated search allegations and unsupported ...
Business expenditure substantiation supports scrap credits, statutory payments and expense claims, while depreciation requires proof of actual busines...
Gross GST collections rose 9.1% year-on-year to Rs 1.89 lakh crore in September, about 1.5% higher than August, with net GST at Rs 1.60 lakh crore (5% y/y growth); gross domestic tax revenue grew 6.8% to Rs 1.36 lakh crore and import tax increased 15.6% to Rs 52,492 crore, while GST refunds jumped 40.1% to Rs 28,657 crore. Rate rationalisation reforms effective September 22, which cut rates on 375 items, are reflected in collections and appear to have boosted demand in the latter part of the month. Industry analysts noted that pre-cut anticipation and post-cut consumption effects largely balanced overall GST receipts.
Gross GST collections rose 9.1% year-on-year to Rs 1.89 lakh crore in September, about 1.5% higher than August, with net GST at Rs 1.60 lakh crore (5% y/y growth); gross domestic tax revenue grew 6.8% to Rs 1.36 lakh crore and import tax increased 15.6% to Rs 52,492 crore, while GST refunds jumped 40.1% to Rs 28,657 crore. Rate rationalisation reforms effective September 22, which cut rates on 375 items, are reflected in collections and appear to have boosted demand in the latter part of the month. Industry analysts noted that pre-cut anticipation and post-cut consumption effects largely balanced overall GST receipts.
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