BUSY is a simple, yet powerful GST / VAT compliant Business Accounting Software that has everything you need to grow your business.
Case law is a collection of reported cases that form a body of law within a given jurisdiction. It interprets and applies existing laws to a particular situation and clarifies them whenever necessary. This process establishes a legal precedent that other courts should follow, which will help drive future rulings and interpretations of a particular law.
Businesses should be familiar with the important GST case laws relating to the ITC to ensure they are not penalized for not collecting due debts. These state-wise GST case laws highlight recent decisions and seek to understand how they affect ITC claims under GST.
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