#ITC

4 articles

GST Input Tax Credit: Conditions Under Section 16 of CGST Act

Divya Menon · Mar 19

GST

Know the mandatory conditions to claim GST Input Tax Credit under Section 16 — invoice, receipt, GSTR-2B, payment, and time limits.

Priya Sharma · Mar 14

GST

Section 17(5) of the CGST Act blocks ITC on motor vehicles, food, health services, insurance, and more. Know what you cannot claim.

Priya Sharma · Feb 18

GST

GST ITC can be claimed only if the invoice appears in GSTR-2B. Since 1 January 2022, no provisional ITC is allowed under Rule 36(4).

Kavita Singh · Feb 7

GST

Learn how GST Rules 42 and 43 require proportionate ITC reversal when inputs serve both taxable and exempt supplies.

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