Taxmann GST Input Tax Credit By V S Datey Edition February 2020

Taxmann GST Input Tax Credit By V S Datey Edition February 2020

Taxmann GST Input Tax Credit By V S Datey Edition February 2020

Contents

1 GST – An Overview

2 Vat Concepts and Its Application in GST

3 Input Tax Credit (ITC)

4 Numerical Illustrations of Input Tax Credit

5 Input Tax Credit When Exempted As Well As Taxable Supplies Made

6 Input Service Distributors (ISD)

7 Exports and Input Tax Credit

8 Refund of Input Tax Credit

Appendix 1: Relevant Sections of CGST Act, 2017

Appendix 2: Relevant Sections of IGST Act, 2017

Appendix 3: Relevant Rules of CGST Rules, 2017

Appendix 4: Clarifications Regarding Exports Related Refund Issues

Appendix 4.1 : Refund Of Igst Paid On Goods Exported

Appendix 4.2 : Restrictions On A ailment Of Input Tax Credit When Final Product Is Exported  Appendix 4.3 : Refund Of Igst On Itc When Goods Exported By Post

Appendix 4.4 : Resolving Difficulty In Refunds Due To Invoice Mismatches

Appendix 4.5 : Procedure For Claiming Refund Of Input Tax Credit In Case Of Exports

Appendix 4.6 : Revised Procedure To Claim Refund Of Input Tax Credit