Input Tax Credit

  • VAT

Disallowance of ITC under UP VAT Act 2008 not same as in Karnataka VAT – Supreme Court

Disallowance of ITC under UP VAT Act 2008 not same as in Karnataka VAT Act with respect to by-product/exempt goods…

6 months ago
  • GST

Extension of time limit for furnishing FORM GST ITC-for goods dispatched to job worker

Extension of time limit for furnishing FORM GST ITC-for goods dispatched to job worker MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF…

3 years ago
  • GST

Further extension of time limit for issue of order for refund of unutilised ITC

Further extension of time limit for issue of order for refund of unutilised input ITC MINISTRY OF FINANCE(Department of Revenue)(CENTRAL…

4 years ago
  • GST

Transitional credit for unavailed CENVAT-Amended provisions effective from 18.05.2020

Transitional credit of ITC in electronic credit ledger for unavailed CENVAT - Amended provisions effective from 18.05.2020 Transitional credit of…

4 years ago
  • GST

Clarification  on apportionment of ITC in cases of business reorganization under GST

Clarification on apportionment of input tax credit (ITC) in cases of business reorganization u/s 18(3) of CGST Act read with…

4 years ago
  • GST

CGST Act not empower Govt. to frame rule providing lapse of ITC. Notification/Circular declared ultra vires  

CGST Act not empower Govt. to frame rule providing lapse of ITC. Notification No. 20/2018 and Circular No.56/30/2018-GST quashed and…

5 years ago
  • GST

Transfer of un-utilized ITC in electronic credit ledger on death of sole proprietor-CBIC Circular

Transfer of input tax credit in case of death of sole proprietor. Un-utilized ITC in electronic credit ledger is allowed…

5 years ago
  • GST

Assessee entitled to full ITC claim for VAT paid at higher rate – High Court

Assessee entitled to full ITC forVAT paid at higher rate if the liability had been borne by the assessee and…

5 years ago
  • GST

GST-Refund of unutilised Input Tax Credit (ITC) – A Guide by CBEC

GST-Refund of unutilised Input Tax Credit (ITC) A Guide by CBEC Accumulation of Input Tax Credit happens when the tax…

7 years ago