GST under Reverse Charge Mechanism (RCM) on security services
1. Introduction: In this article, we shall discuss all the important aspects in regard to payment of GST under reverse…
Tag: ITC
Bombay HC issues notices to Centre, Maharashtra over blocking of ITC
The Bombay High Court has issued notices to the Centre and the Maharashtra government over a petition that seeks to declare as unconstitutional, a…
![No GST / ITC reversal on Cash Discounts received: AAR [Read Order]](https://www.taxwallah.com/wp-content/uploads/2021/08/advance-ruling.jpg)
No GST / ITC reversal on Cash Discounts received: AAR [Read Order]
The Madhya Pradesh Authority of Advance Ruling (AAR) in its ruling in the case of M/S Mahveer Prasad Mohanlal has…
ITC not available on Lease Premium of Land: AAR [Read Order]
The Gujarat Authority of Advance Ruling (AAR) in its recent ruling in the case of M/s J M Chemicals has…
Can Input Tax Credit (ITC) be availed on GST paid on CSR Expenses
Corporate Social responsibility (CSR) is a self-regulating process, through which corporate link their activities with common public. The Corporate generally…
GST: How to view and download auto-drafted ITC statement GSTR-2B
Rule-60(7) of CGST Rules-2017 prescribes for generation of auto-drafted statement containing the details of input tax credit in FORM GSTR-2B…
All about Time limit for availing / claiming Input Tax Credit (ITC) under GST Law
One of the main pillars and objective for introduction of GST regime was to avoid the cascading effect of taxes…
GST- Cases where Input tax credit (ITC) cannot be claimed : Blocked ITC
One of the pillars of GST is free flow of credits in order to eliminate cascading of taxes and thus…
Karnataka HC to examine the validity of ITC restriction u/s 17(5)(c) ,(d) and 16(4) of the CGST Act : Writ admitted / demand stayed
The Hon’ble Karnataka High Court in the case of M/s Bagmane Developers v. Union of India [W.P. No. 9430/2020] vide its…
Rule 36(4) : Cumulative computation of eligible ITC for September, 2020
1. Introduction: In order to nudge taxpayers to timely file their statement of outward supplies (GSTR-1), restrictions on availing of input…
Can we avail ITC of CGST and SGST of other State, where we are not registered
There may be certain situations wherein a person who is registered under GST law in State X receives any supply…
GST Input Tax Credit: Should taxpayer use GSTR-2B or GSTR-2A now?
With introduction of GSTR-2B , a question that is blinking in mind of tax payers is that whether they should…