February 5, 2021
February 3, 2021
Table of Contents IntroductionWhy is Input Tax Credit relevant?Journey of Input Tax Credit Rule 36(4)Impact of this Input Tax Credit rule on taxpayerVALIDITY: (Here, validity means how valid and just, rule 36(4) is): -Claim upto 100% Input Tax Credit IntroductionIn the world of GST, Input Tax Credit (Commonly known as ITC) is a big relaxation
October 12, 2020
October 10, 2020
October 10, 2020
October 2, 2019
Input tax credit is credit available on purchase of goods or services or both against GST payable.As per section 18 of Central Goods and Service Tax, 2017, certain circumstances have been defined where input tax credit may be availed. Special cases under which ITC can be claimed Compulsory Registration When a person applies for registration