Input Tax Credit Eligibility Under Section 16 of GST
Input tax credit eligibility under Section 16 — the four conditions every business must meet to claim GST ITC.
Read articleInput tax credit eligibility under Section 16 — the four conditions every business must meet to claim GST ITC.
Read articleBlocked credits under Section 17(5) — the list of expenses where input tax credit is denied under GST.
Read articleITC reversal under Rule 42 and 43 — apportioning input tax credit between taxable and exempt supplies correctly.
Read articleITC time limit under Section 16(4) — the deadline to claim input tax credit for an invoice and why it is strict.
Read articleGSTR-2B reconciliation for ITC — matching your purchases to 2B so input tax credit claims survive scrutiny.
Read articleITC on capital goods — claiming and, where needed, apportioning input tax credit on plant, machinery and equipment.
Read articleProvisional ITC and Rule 36(4) — how the matching restriction limits credit on invoices not reflected by suppliers.
Read articleITC mismatch between 3B and 2B — why differences occur, the notice risk and how to reconcile input tax credit.
Read articleITC on motor vehicles — the general block under Section 17(5) and the specific business uses where credit is allowed.
Read articleITC reversal within 180 days — the rule requiring credit reversal if you don't pay your supplier on time.
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