How to Claim GST TCS Credit and Refund on the GST Portal
Selling on Amazon, Flipkart, or Meesho? Then you already have GST TCS credit sitting with the government and it is yours to claim. Every month, e-commerce platforms deduct TCS from your payouts at 0.5% (from July 2024 onwards) and deposit it with the government. Once the platform files GSTR-8, that credit flows to your account. […]
Provisional Refund under Inverted Duty Structure (2026 Guide)
What is Inverted Duty Structure (IDS)? An Inverted Duty Structure arises when the GST rate on inputs (purchases) is higher than the GST rate on output (sales). Because of this, Input Tax Credit (ITC) accumulates in electronic credit ledger and cannot be fully utilized. This leads to a working capital blockage for businesses — especially […]