GST Input Tax Credit basic to advanced || CA (Adv) Bimal Jain

GST Input Tax Credit basic to advanced || CA (Adv) Bimal Jain
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To Know More About Zoho: www.zoho.com/
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🚨 Important Webinar (FREE) On:
📢 "Preparation and Reconciliation for GSTR 9 & GSTR 9C for FY 2022-23"
🗓️ Date : November 30, 2023, Thursday
⏰ Time : 4:30 PM to 6:00 PM (IST)
🎤 Speaker : CA. Bimal Jain
🔖 Registration Link: meet.zoho.com/1xECyC7wh1
📝 Coverage:
✔️ Outward Supplies - Taxable, Exempted, Zero rated
✔️ Adjustment and CN/DN - Outward Supplies
✔️ GST ITC - Inputs, Input Services, Capital goods
✔️ Reversal of GST ITC - Ineligible, Exempted Supplies, Non-payment within 180 days, etc.
✔️ Adjustment of transactions pertaining to Outward supplies & GST ITC shown in a period April to October 2023
✔️ Other important aspect of compliances for GSTR 9 & GSTR 9C
Limited seats available
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Dear Friends & Colleagues,
With the blessings of the Almighty God and your Love & best wishes, our latest book “GST Law and Commentary with Analysis and Procedures (Set of 4 Volumes) By Bimal Jain & A2Z Taxcorp LLP" May, 2023 Edition is launched in the market.
📚 Order your Copy at: tinyurl.com/2p95cdyx
💥 Complete Walk-through of the Book: tinyurl.com/2p8j8rpx
Highlights of the Book:
⭐ Vol 1: Detailed commentary (with updated provisions, rules, circulars, etc.) on various domains of GST laws & provisions viz. Supply of goods or services - intra-state and inter-state. Principles of time of supply & place of supply, taxable person, GST ITC, reverse charge mechanism, exports and imports, job work, TDS, TCS, etc., with practical case studies and illustrations & FAQs for conceptual clarity.
⭐ Vol 2: Detailed discussion on constitution of the GSTAT, demand and recovery, inspection, search, seizure & arrest, etc., offences, penalties, prosecution, compounding, and appeals & revision, under GST. Discussion of all procedural requirements viz. registration, payment, invoice, refund, e-way bill, along with relevant forms & their due dates, ‘e-invoicing’ and ‘QR code’ under GST.
⭐ Vol 3: Discussion on way forward GST return system - sequential filing of GST returns, GST Returns filing & matching of GST ITC with tabular presentation of GSTR-9 and GSTR-9C, etc. Complete Guide and Manual for GST Rates of Goods or Services/ Exemptions of Goods or Services updated as on date including all the latest notifications, circulars, press release, etc.
⭐ Vol 4: All updated CGST, IGST, UTGST and GST Compensation Cess Act and rules, Notifications, Circulars, Orders, Press Releases, various GST Forms & utilities, GST Council Meetings, etc. (With QR code access through Coupon code)
Please do share your valuable feedback/ suggestions and recommend to your friends and colleagues.
📍 For any query related to GST write back to us at:
[e-mail]
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[@sureshkannan6661]

If it is in English, we (non-Hindi speakers) also get benefitted. Anyhow, your effort is much appreciated.,

[@davendragoyal9361]

Now GST is almost 6 years old still we are in Kindergarten 😂

[@ca.sreenivaschithapuram]

Excellent sir. Very lucid discussion

[@akshayparmar2921]

Superb.... All cash study and judgement

[@parimalpatel368]

Sir able to understand legal position on ITC will help a lot to close litigation . I am your student year 2017 via adline institute. Heartiest thank you for sharing crispy knowledge sir ❤

[@ashokmajithia6967]

Yes

[@goldiinam9024]

Most authentic videos as always

[@sapanshah8511]

Sir your style of communication is amazing and always love to hear your deliberations and inter active sessions are always unique

[@MURARIKUMAR-um9qq]

❤❤

[@sureshvadala7875]

Excellent class thank you sir

[@user-nt1fr2cv2j]

yes,

[@manojmeena8127]

Eagerly waiting for this

[@gururajpatil7302]

Sir you are really great

[@rohittripathi3947]

👍👍

[@VIKASHYADAV-hj6go]

Respected Sir Where is the video of yesterday’s class. Is it on some private platform/paid version etc.??

[@ajitkumardede5920]

Which type of registration are you talking sir , voluntary or threshold limit for availing ITC as per 16 (1) of CGST ACT

[@pappumahato1178]

Reversal of Input section 42 &43

[@ranvir0392]

Sir, video hindi mein hi banao samajh mein aata hai

[@user-nt1fr2cv2j]

yes

[@nareshgohel1806]

Surer dupper excellent lecture sir ❤ you

[@amitpurohit6936]

Great Sir.

[@shreyatilesrajeshkashyap4695]

Great

[@harinderkumar8697]

Pls advise can i join full gst course with recoded class..

[@anjanigoyel3385]

Earlier section 16(4) talks about the month of September. It does not mention the date of filing of September month return. Even if the september month 3B is files after due and system allows, the credit claimed in the said return either of that year or earlier financial year should be allowed. However wef 01.10.2022 now the date is mentioned 30th November.

[@cabimaljain]

Pls read S. 16(4) of the CGST Act

[@pradeepshende9416]

Very 👍clear

[@palanimuniraju2321]

NAMASTE AND THANK U SIR.

[@user-jk9vx6uo9u]

sir please upload the first video

[@satishtiwarica]

8:36 sir registration k liye apply Kiya..but department ne registration nahi diya...photo not clear bol k..jaisa ki practically ho raha hai..29 April ko apply Kiya..but application rejected by department..fir kya hoga

[@sirajrahmathulla594]

Appreciate your effort for sharing such videos, please refer timeline 20:30 where you say ... supplier must have paid taxes (one of the conditions to avail ITC), here my question is, how to ensure that he has paid the taxes, is it enough if the invoice is reflecting in 2A or 2B OR should i wait till supplier filies 3B . (the supplier is in QRMP nature).

[@karthikeyanp4972]

❤❤❤❤❤❤❤❤

[@total_gyan999]

I have a practical query regarding GST input tax credit. My client undertakes government contracts for construction and private contracts for road laying. They purchased cement directly from a company under a non-trade agreement. Can they claim ITC for non-trade cement used in government contracts, such as constructing government building rooms

[@sonusahrawat9232]

Sir, basics ki class nhi mil rhi h you tube p, upload hui h ya nhi

[@Yash44reaction]

Both

[@dipushriwastava1640]

After date of liqbilities

[@sahilthakral2244]

How to get participate??

[@AmirMalik-zu4xr]

Sir plz come to Srinagar for meeting with and interaction with CA and Gst consultant

[@cabimaljain]

sure..thanks

[@vaishnavisinghvlogs5694]

9th may

[@vinoddaga914]

Re availment of credit is available only in 3 situation Non receipts of goods and services Non filing of 3B by supplier Non payment of tax to vendor So as discussed in last 5 minutes can we availed and temporary reversed those credi which are not appearing in 2B. As appearing in 2B is primary condition so can we by pass it.

[@msriram1954]

i like it

[@lakshminarainyembarsinglac6110]

IS THERE ANY OPTION TO GET WAIVER OF PENALTY FOR NON FILING OF GSTR 9 FOR THE FINANCIAL YEARS - 2017-18 - 2018-19 - 2019-20 - 2020-21 OR WAY OUT FOR WAIVER OF PENALTY IF APPLICABLE

[@n.s.chauhan1170]

Sir our GST REFUND against export was cancelled n in appeal Ad comm rejected due to time bar. Could you please help us getting us our refund. We can pay your charges. Thanks

[@sahil5789]

Awesome deliberation Sir! I could not understand, as we discussed in last 5 mins. How recipient can re-vail the credit of previous FY in the month of Oct of current FY if it did not come in GSTR-2B?

[@subhamsingh5860]

Same question ?

[@syedkazmi6989]

Good evening Sir.Thank you very much sir. I have a question. I have sales of Fy 2021-22 RS.20 Lakhs reported in April & May Gstr-1 of Fy 2022-23. Fy 2022-23 sale is Rs.6 crores . In Gstr-9 , table 4 only sales of Fy 2022-23 Rs. 6 crores are auto-populated. But in table-9 of Gstr-9, all the taxes paid for Fy 2021-22 sales Rs.20 lakhs and Fy 2022-23 Rs.6 crores are getting reflected. Should I edit the figures of table-9 to report only taxes paid for Fy 2022-23. Please reply.

[@manilalsanghvi4909]

If 20crosing in may then

[@himanshusuthar1916]

B

[@pappumahato1178]

Section 18(1)a

[@Yash44reaction]

31st march

[@amitpurohit6936]

Sir Please make video in Hindi. Good Video

[@sbj1992]

A

[@sanjaydhole6739]

A registered Dealer has purchased a new two wheeler for business purpose usage during April 2024 & has paid GST. It has been included in monthly GSTR 2B of April 2024. Can he claim Input Tax Credit while paying GST for April 2024 ?

[@user-pw7me6sm5d]

No

[@prakashchordia3899]

a

[@jagdishpatidar5362]

18

[@jagdishpatidar5362]

Y

[@manilalsanghvi4909]

1aprl

[@Yash44reaction]

No

[@shaishavgarg84]

Since 09-10-2019 2A came into existence, with 20% restricted ITC allowance

[@learningearning-df2nh]

Sir ji video Hindi mey benau

[@rajkumar-uo5ec]

Ek bar aur BJP ko ane dijie, Credit ka naam badal kar Cash Back na ho jaye to boliega😂

[@user-jj4le1lq4h]

Yes

[@brijhfh]

Both

[@manilalsanghvi4909]

If 20crosing in may then

[@meghrammeena9506]

A

[@garima9141]

B

[@jagdishpatidar5362]

Y

[@jagdishpatidar5362]

No

[@Yash44reaction]

Yes

[@Yash44reaction]

Yes

[@jagdishpatidar5362]

Yes

[@jagdishpatidar5362]

Yes

[@jagdishpatidar5362]

Yes

[@jagdishpatidar5362]

Yes

[@jagdishpatidar5362]

Y

[@lalitsharma8328]

A

[@finance7699]

A

[@manilalsanghvi4909]

A

[@jagdishpatidar5362]

No

[@jagdishpatidar5362]

No