ITC Reconciliation Annual Return: Avoiding Common Mistakes
ITC reconciliation in the annual return — matching 2A/2B, books and 3B so your GSTR-9 input tax credit figures hold up.
Read articleInput 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 articleITC Time Limit Section 16(4): Claiming Credit Correctly
ITC time limit under Section 16(4) — the deadline to claim input tax credit for an invoice and why it is strict.
Read article2B Reconciliation for ITC: Rules and Eligibility
GSTR-2B reconciliation for ITC — matching your purchases to 2B so input tax credit claims survive scrutiny.
Read articleITC on Capital Goods Under GST
ITC on capital goods — claiming and, where needed, apportioning input tax credit on plant, machinery and equipment.
Read articleProvisional ITC Rule 36(4): A Practical Guide
Provisional ITC and Rule 36(4) — how the matching restriction limits credit on invoices not reflected by suppliers.
Read articleITC Reversal 180 Days: What Businesses Must Know
ITC reversal within 180 days — the rule requiring credit reversal if you don't pay your supplier on time.
Read articleITC on Reverse Charge Mechanism Supplies
ITC on reverse charge — claiming input tax credit on RCM supplies after paying the tax in cash under GST.
Read articleITC for New Business: Claiming Credit Correctly
ITC for a new business — claiming input tax credit on stock at registration and setting up clean credit from day one.
Read articleIneligible ITC List Every Business Should Know
Ineligible ITC list — the common expenses where input tax credit cannot be claimed under GST, in one place.
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