Conditions to distribute credit : Input Service Distributor Credit distributed to recipient through prescribed documents containing prescribed details. Such document should be issued to each of the recipient of credit. […]
GST-Goods and Service Tax - 222. page
Goods and Services Tax Act – GST Law
Excess Credit distributed by Input Service Distributor – Sec 21
Excess Credit distributed by Input Service Distributor – Sec 21
ITC Rules – Credit Distribution Procedure in case of ISD
ITC Rules – Credit Distribution Procedure in case of ISD I.Distribution to one or more recipients – Section 20(2)(d)(e) Credit to be distributed to recipients whether registered or not, from […]
Persons liable for registration
Persons liable for registration (1) Every supplier shall be liable to be registered under this Act in the State or Union territory, other than special category States, from where he […]
ITC Rules – Manner of Reversal- Illustration
ITC Rules – Manner of Reversal- Illustration Terms used in Rule Particulars Amount T Total Input Tax of Input and Input Services 500.00 T1 ITC for Non Business 100.00 T2 […]
ITC Rules – Manner of Reversal
ITC Rules – Manner of Reversal II.Reversal of credit where capital goods are used partly for business purposes or partly for effecting exempt supplies: Amount of input tax in respect […]
ITC in respect of goods sent for job work – Sec 19
ITC in respect of goods sent for job work – Sec 19
Input Service Distributor – Sec 20
Input Service Distributor – Sec 20 ITC is distributed to supplier of goods and / or services of same entity having the same PAN Deemed as ISD is a supplier […]
Supply of Capital goods on which ITC already taken – Sec 18(6)
Supply of Capital goods on which ITC already taken – Sec 18(6)
ITC Rules – Credit in Special Circumstances
ITC Rules – Credit in Special Circumstances Credit of Capital Goods as provided to a person switching from composition to regular scheme and a person whose exempt supply becomes taxable […]