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…
Tag: input tax credit
Advisory issued on auto drafted ITC statement FORM GSTR-2B
Vide Press Release dated 29th August,2020 it has been informed that GSTR-2B for the month of July,2020 has been made…
No ITC on input & input services used for the construction of a commercial immovable property, used for renting: AAR
The Maharashtra Authority of Advance Ruling (AAR) in its recent ruling on the application filed by M/s Ashish Arvind Hansoti…
No ITC available on hiring of Taxis for Transportation of Employees – AAR
Himachal Pradesh Authority for Advance Ruling(AAR) in its recent ruling in case of Prasar Bharti Broadcasting Corporation of India has…
Time limit to avail Input Tax Credit (ITC) against Debit Note
1. Introduction In this article we will delve upon the time limit of availing of input tax credit (ITC) on…
Summary of clarifications on Input Tax Credit by GST Circulars issued till date
For clarifying on various issues emanating from GST, CBIC has till date issued hundreds of Circulars since introduction of GST…