Taxmann GST Input Tax Credit By V S Datey Edition February 2020
Taxmann GST Input Tax Credit By V S Datey Edition February 2020
Description
- Manner and requirements of availing Input Tax Credit
- Cases involving reversal of Input Tax Credit
- Treatment of Input Tax Credit in case of exempted as well as taxable supplies
- Refund of Input Tax Credit
- Relevant Sections, Rules and clarifications regarding Input Tax Credit
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