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4. Input Tax Credit (ITC) Challenges: While the ITC mechanism aimed to prevent the cascading effect of taxes, businesses faced issues in availing and reconciling ITC due to mismatches in invoices between suppliers and recipients. 5. Multiple Tax Slabs: The GST system introduced different tax rates for various goods and services. This multi ...
ITC Limited is an Indian conglomerate, headquartered in Kolkata. [9] It has a presence across six business segments, namely FMCG , hotels , agribusiness , information technology , paper products , and packaging . [ 10 ]
SIIDCUL was incorporated as a Limited Company in the year 2002 with an authorised share capital of ₹50 crores and ₹20 crores paid up capital through the Government of Uttarakhand in order to promote industrial development and develop an industrial infrastructure.
ITC Enschede, the International Institute for Geoinformation Science and Earth Observation, a tertiary educational institution located in Enschede, Netherlands; ITC Sangeet Research Academy, a Hindustani classical music academy run by ITC Limited, located in Kolkata, India ITC SRA Sangeet Sammelan, an annual Indian classical music festival
ITC Hotels is an Indian hospitality company that operates and manages hotels. It has over 100 hotels and is India's third largest hotel chain.
The Indian Revenue Service (Customs & Central Excise) (IAST: Bhāratīya Rājasva Sevā), often abbreviated to IRS (Customs & Central Excise) or IRS (Customs & Indirect Taxes), now called IRS(C&IT) is a part of central civil service of the Government of India.
In April, 2008, the EC submitted a report, titled "A Model and Road map for Goods and Services Tax (GST) in India" containing broad recommendations about the structure and design of GST. In response to the report, the Department of Revenue made some suggestions to be incorporated in the design and structure of proposed GST bill.
For 2024–2025, Sanjiv Puri, Chairman & Managing Director, ITC Limited is the President of CII, Rajiv Memani, Chairman and CEO – EY India and Chair, EY Growth Markets Council is the President-Designate and R Mukundan, Managing Director & CEO, Tata Chemicals Limited is the Vice President of CII. [16]