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Businesses will be able to claim pre-GST tax credits from October 1: Report

Businesses that have failed to claim tax credits for taxes paid in advancev  (GST) times may soon get the chance to do so. The government said he will likely open a special window for businesses to submit claims from Oct. 1. mint.

According to reports, the credits are expected to be worth Rs 400 crore. “Based on the information we have, the estimate is around Rs 400 crore. We are waiting for a window to open so that people can start claiming,” said a person with knowledge of the matter. rice field. mint.

Source Singapore Times

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