September 2, 2021

Input Tax Credit is the bedrock of the GST structure. Input Tax Credit makes the GST a justiciable tax structure in India and thus helps eliminate the earlier ‘tax on tax’ effect as was in the pre-GST era. Though Input Tax Credit is an integral part of the GST, specific scenarios exist where ITC cannot be

Read More

April 27, 2021

Table of Contents What does Job-Work mean? & How to claim Input Tax Credit ?Understanding How to claim Input Tax Credit on this Job-WorkWhat details are required for ITC-04 & understand How claim Input tax credit?To SummarizeClaim upto 100% Input Tax Credit Input Tax Credit under GST has some less-explored areas. In this article, we

Read More

February 5, 2021

Read More