October 1, 2019
Table of Contents 1What is ineligible ITC in GSTR-3B?2Ineligible ITC under GST Section-17(5)3FAQs on Blocked Credit GST was introduced with the view of removing cascading effect of taxes that existed under previous indirect laws. Any manufacturer, trader, retailer, supplier, e-commerce operator or any other person who is registered under the GST Act and has a
September 28, 2019
Table of Content What is Input Tax Credit?Lets Understand With the help of Example Basic Requisites / Conditions for Claiming Input Tax Credit (ITC) Documents on which Input Tax Credit may be claimed:Reversal of Input tax Credit (ITC)Where input tax credit (ITC) is reversed, How To Avail Credit Where Tax Has Been Paid Under Reverse Charge Mechanism (RCM) Time limit