Tag: Input Tax Credit (ITC)
Explore the GSTN Advisory on New Feature at GST Portal "Electronic Credit Reversal and Reclaimed Statement" along with opening balance reporting and amendment guidelines.
Discover the latest clarifications on GST refunds in CBIC Circular 197/09/2023. Gain insights on key issues and ensure compliance for smooth refund processes.
Understand the impact of the recent GST circular on warranty replacement and repair services. Get detailed insights and guidance on GST liability and input tax credit.
Learn how to manage Input Tax Credit (ITC) differences between FORM GSTR-3B and 2A during 01/04/2019 to 31/12/2021, as per CBIC clarification Circular 193/05/2023.
CBIC clears the confusion around interest charges for wrong IGST credit under GST. Stay compliant and understand the rules to avoid penalties. Read now.
If you need to reconcile the GSTR-2B with the Purchase Register, you should think about using a software solution. We’ll go over how GSTR-2B reconciliation software can help you …
CBIC clarifies issues in reconciling the differences in amount of ITC claimed in GSTR-3B amount of ITC eligibility as per GSTR-2A in respect of financial years 2017-18 and 2018-19. …
CBIC notifies the CGST (3rd Amendment) Rules 2022 to amend the instructions at paragraph 7 of form GSTR-9 for providing an increased time limit to taxpayers for claiming input …
CBIC has issued clarification/guidelines for verification of the transitional input tax credit (ITC) by the field formations, in light of the Orders of the Hon’ble Supreme Court dated 22/07/2022 …
CBIC has issued guidelines for aggrieved registered persons (taxpayers/assessees) in relation to filing/revision of GST TRAN-1/TRAN-2 to claim transitional credit, vide GST Circular 180/12/2022, in light of the Orders …
