Input Tax Credit Mechanism Under GST | Khandhar Mehta & Shah (KMS)

INPUT TAX CREDIT MECHANISM UNDER GST

INPUT TAX CREDIT
MECHANISM UNDER GST

Legal provisions under GST related to availment of ITC
Eligibility of input tax credit section 17(5) of CGST ACT, 2017
Critical points to be taken care before 20-10-2021 (before
September GSTR-3B due date) for the year 2020-21
Important rule 36(4) of CGST Rules, 2017 emphasizes ITC
matching with Form GSTR-2A
Introduction of Clause (aa) u/s 16 of CGST Act, 2017 – 100% ITC
matching with Form GSTR-2A
ITC reconciliation process