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Tag: Ineligible ITC

ITC in GST returns

Review of Input tax credit

The GST law aims at providing seamless Input tax credit to the registered persons, which…

Debit note: How & when to issue under GST

What is a debit note? When a tax invoice has been issued for supply of…

Credit note: How & when to issue under GST

What is a Credit note? Where a tax invoice has been issued for supply of…

Whether Business dealing in exempt or non-taxable goods liable for GST registration?

Whether such business is required to take the GST registration? In general, the businesses with…

Ineligible Input tax credit under GST

Following are the goods and services where the GST law has imposed restriction while availing…