Kerala's State GST Act says input tax credit shall not be available for goods lost, stolen, destroyed, written off or disposed of by way of gift or free samples
2 min read31 Aug 2018The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared