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Input Tax Credit under GST Law & Practice, 2025
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Table of Contents

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1 - Important Definitions 1 >>   
2 - Allowability of Input Tax Credit 5 >>   
3 - Reversal of ITC Upon Non-Payment of Consideration Within 180 Days 22 >>   
4 - Payment of ITC in case of Cancellation of Registration 25 >>   
5 - Form GSTR-2A/2B Vis-a-Vis Input Tax Credit 27 >>   
6 - Maximum Time Limit for Claiming Input Tax Credit 37 >>   
7 - Electronic Credit Ledger 48 >>   
8 - Blocking of Electronic Credit Ledger 55 >>   
9 - Goods and Services Not Eligible for ITC 64 >>   
10 - ITC on Motor Vehicles and Conveyances 79 >>   
11 - ITC on Vessels and Aircrafts 98 >>   
12 - ITC on Works Contract and Construction Services 102 >>   
13 - Treatment of ITC in Case of Discount from Taxable Value 113 >>   
14 - Reversal of ITC in Case of Goods Lost, Stolen, Destroyed, Written Off or Disposed of by way of Gift 118 >>   
15 - Blocked ITC under Section 17(1) 134 >>   
16 - Blocked ITC under Section 17(2) 145 >>   
17 - Input Tax Credit in case of Taking Registration Under Section 22 or 24 161 >>   
18 - Input Tax Credit in case of Taking New Registration Under Section 23 165 >>   
19 - Input Tax Credit in case of Switching Over from Composition Levy to Normal Levy 167 >>   
20 - Input Tax Credit in Case of Exempt Supply Becoming Taxable Supply 171 >>   
21 - Input Tax Credit in case of Switching Over From Normal Levy to Composition Levy or Goods or Services or Both Becoming Exempt 173 >>   
22 - Supply of Capital Goods or Plant and Machinery on which Input Tax Credit was Taken—Consequences of 175 >>   
23 - Allowability of Input Tax Credit to a Banking Company or a Financial Institution 176 >>   
24 - Transfer of ITC in Certain Cases 178 >>   
25 - Transfer of ITC in case of Death of Proprietor 186 >>   
26 - Input Tax Credit Vis-a-Vis Job Work 190 >>   
27 - Distribution of Input Tax Credit 193 >>   
28 - Refund of ITC under Inverted Duty Structure 202 >>   
29 - Refund of ITC in Case of Zero Rated Supply 213 >>   
30 - Refund of Tax Paid on Inward Supplies of Goods Received by Canteen Stores Department 232 >>   
31 - Procedures Relating to Refund 234 >>   
32 - Scrutiny of Returns Vis-a-Vis Wrong/Ineligible Availment of ITC 253 >>   
33 - Procedure for Dealing with Difference in ITC as per GSTR-2A and GSTR-3B 289 >>   
34 - Interest on Wrong Availment of ITC 303 >>   
35 - Penalties for Wrong Availment of ITC 310 >>   
36 - Offences and Prosecurtion Vis-a-vis Wrong Availment of ITC 316 >>   
37 - Recovery of ITC Wrongly Availed of or Utilised 322 >>   
38 - General Provisions Relating to Determination of Tax 343 >>   
39 - Transitional Credit to Registered Persons 350 >>   
40 - Transitional Credit in Other Cases 363 >>   
41 - Concessional Rates of Tax for Certain Taxable Services Vis-a-Vis Input Tax Credit 368 >>   
42 - GST Returns and Input Tax Credit 383 >>   
43 - Furnishing ITC Details in Annual Return 397 >>   
44 - Draft Replies to Show Cause Notices Relating to Wrong/Excess Claim of ITC 429 >>   
45 - Appendix 477 >>   
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