Circular No. 142/12/2020-GST dated 09.10.2020 Clarification regarding application of rule 36(4) of CGST Rules
Circular No. 142/12/2020-GST dated 09.10.2020 is been published by CBIC to clarify the application of rule 36(4) of CGST Rules…
Tag: Eligible ITC
Benefits of GST and anti-profiteering provision
Cascading of tax: One of the benefits envisaged in GST was removal of cascading of taxes. In erstwhile tax regime…
Condition of Sec.16(2) of CGST Act for claiming ITC
One of the conditions for a taxpayer to claim input tax credit is that the value of inward supply along…