Business & Beyond

#GTBharat's PolicyCast Ep 46 | GST ITC reforms: What businesses need to know

11 min · 15 de jul de 2026
Portada del episodio #GTBharat's PolicyCast Ep 46 | GST ITC reforms: What businesses need to know

Descripción

When businesses comply but suppliers default, who bears the burden under GST? Input Tax Credit (ITC) disputes arising from supplier defaults have been a long-standing challenge under the GST framework. Proposed reforms could bring greater clarity and relief for bona fide taxpayers. In the latest episode of #GTBharat's PolicyCast, Manoj Mishra, Partner and Tax Controversy Management Leader, Grant Thornton Bharat, discusses the changing ITC framework and the potential implications of these developments. Key areas covered: • Impact of supplier defaults on ITC eligibility • Balancing revenue protection with taxpayer certainty • Implications for disputes, working capital and compliance Tune in to understand what businesses should watch as GST regulations continue to take shape. #PolicyCast #GST #InputTaxCredit #IndirectTax #TaxReforms

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Portada del episodio #GTBharat's PolicyCast Ep 46 | GST ITC reforms: What businesses need to know

#GTBharat's PolicyCast Ep 46 | GST ITC reforms: What businesses need to know

When businesses comply but suppliers default, who bears the burden under GST? Input Tax Credit (ITC) disputes arising from supplier defaults have been a long-standing challenge under the GST framework. Proposed reforms could bring greater clarity and relief for bona fide taxpayers. In the latest episode of #GTBharat's PolicyCast, Manoj Mishra, Partner and Tax Controversy Management Leader, Grant Thornton Bharat, discusses the changing ITC framework and the potential implications of these developments. Key areas covered: • Impact of supplier defaults on ITC eligibility • Balancing revenue protection with taxpayer certainty • Implications for disputes, working capital and compliance Tune in to understand what businesses should watch as GST regulations continue to take shape. #PolicyCast #GST #InputTaxCredit #IndirectTax #TaxReforms

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Portada del episodio #GTBharat's PolicyCast Ep 45 | What companies need to get right before Ind AS 118 takes effect

#GTBharat's PolicyCast Ep 45 | What companies need to get right before Ind AS 118 takes effect

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Portada del episodio #GTBharat's PolicyCast Ep 44 | Secondments and beyond: Evaluating the tax exposures

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Portada del episodio #GTBharat's PolicyCast Ep 43 | GST@9: Is India ready for the next leap?

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