PPT-Input Tax Credit (ITC) Law and issues under ITC by CA. Kapil Aggarwal & CA. Vijay Narayan

by CA Kapil Aggarwal amp CA Vijay Narayan 1 Topics covered Input Tax Credit basic provisions Eligibility and conditions Sec16 Apportionment of credit 17 1 to 4 Blocked Credit Sec 17 5. MALLYA . -. JOURNEY OF AN ENTREPRENEUR . Profile. Born. : December 18, 1955 (age 53). Bantwal. , . Karnataka. .. Occupation: . Rajya. . Sabha. MP, Chairman- United Breweries . Group,Kingfisher. . Highlights of ITC. 1. Availability of ITC on ‘. ALL Inward Supplies’ . Across the Supply Chain- . Manufacturer till it reaches consumer . Across the . States. 2. Furtherance . of . Business . Concept . Highlights of ITC. 1. Availability of ITC on ‘. ALL Inward Supplies’ . Across the Supply Chain- . Manufacturer till it reaches consumer . Across the . States. 2. Furtherance . of . Business . Concept . . . . . CA.PREETY PARIK. . . GST- Definitions . wrt. ITC. Sec.2(63) “. input tax credit”. . means credit of ‘input tax. PROVISIONS. 1. PRESENTATION PLAN. 2. CHAPTER XX. TRANSITIONAL PROVISIONS. 139. Migration of existing taxpayers.. 140. Transitional arrangements for ITC. 141. . Transitional provisions relating to job work. An In-depth Analysis. Presentation by: . CA . Dharmendra. Srivastava. Overview of GST Model Law. Constitutional (One Hundred and Twenty- Second) Amendment Bill, 2014 has already been . passed by the . B. Com (H), CA, LLB. Partner . Athena Law Associates. CONTENTS. This presentation covers. -. Concept of Input Tax. Conditions and Restrictions for claiming input tax. Apportionment of credit. Transfer of credit. Instudyingthesubconvexityproblemforcharactertwistsofholomorphicmodularformsoffulllevel,Duke-Friedlander-Iwaniec[DFIw93]introducedasimpleyetpowerfuldecompositionofthedeltasymbolwhichdetectswhenanintege In our last class on ITC, we have covered Section 16(1), 16(2), Reversal of ITC due to non-payment of consideration, ITC where invoices are not uploaded by supplier, 16(3), 16(4) and Blocked credit Section 17(5). Prepared By:. Hashir. . Mairaj. . Assistant Professor. Department of Commerce, SBSC. CONTENTS. Executive. . Summary. Basic Concept and Principals. Some important Definitions. ITC-Eligibility Conditions and limitations. An Overview of the latest Gujarat High Court Judgement in VKC Footsteps. 1. Sec 54(3) of CGST Act. (3) Subject to the provisions of sub-section (10), a registered person may claim refund of any . unutilised. M P Vijay Kumar . FCA, FCMA, FCS. INSURANCE !!. This presentation should only be read along with the text of . Ind. AS. . The views expressed are those of the presenter and, therefore, do not necessarily represent the views of either the Council or any Committee(s)/Board(s) of the Council of the Institute of Chartered Accountants of India (ICAI).. Gopal . Mondal . Cascading effect . No credit of CST . No credit of VAT to Service providers . No credit of basic customs duty and custom cess . No credit of . Swachh. Bharat cess to Manufacturer & service provider. V S Datey. Trailer is good – picture not so good. The idea of GST was initiated to create a national market and to avoid cascading effect of taxes.. Final shape of GST that has come on 1-7-2017 is not good. .