How GST Tax Credit Works?

[@milonidhami6042]

So proud of you pratik💯 keep making such videos!!

[@nickthehill]

very good video, good example straight to the point

[@VKgaming7447]

I was searching for a simple and crisp video on GST Tax credit. your video stopped my further search. Great way of explaining.

[@Notching]

Your videos are very informative and simple......and your shorts videos are also awesome ...

[@hafeez9364]

Mera doubt ye hai ki agar kisi ke paas GST no nahi hai, aur woh jaata hai apna gaadi ka tyre change karne, toh GST toh poora pay karega. Aur jiske paas GST number hai woh GST ka tax credit ke claim karega. Woh bolega apne business ke liye gaadi use hota hai. Magar woh maximum apne personal use ke liye hi gaadi use karta hai. Eh toh sirf ek cheez hai. Aise bahut saare cheez hain jisme jiska GST number hai uska fayda hai magar jiska nahi hai usko nuksaan hai. Toh govt isko kaise tackle karti hai

[@nehalshrivashtava1169]

did you get the answer ?

[@Chandresh_J]

Bro first of all tax credit can not be claimed on purchasing of car,repairing or any expenses related to car below 13 passenger seating capacity ...even though it's used for business purpose... Example.. Mr A purchases car with 5 seat capacity for business ...even though it is for business it is less than 13 seats capacity... There will be no tax credit... Suppose if Mr A purchases 15 seater van for business purposes but he sometimes or fully using for personal uses..it will lead to reverse tax credit..that's means he need to pay tax on that van ..now u understood.. - I know all these because I studying CA..

[@aimbotff2551]

​​@@Chandresh_Jbro gst kisko bhi claim kar sakthe hai kya gst returns, Mera CA hai par mereko hi gstin claim kar saktha hu kya bro pls reply 🙂

[@manjuslv]

Such a talented guy.

[@zafar016]

Thank you bhai for amazing information 🔥🔥

[@teamhydraff830]

First pin me!!!

[@warlock4447]

Thanks bro for making it very simple for me

[@aefazuu]

I am new to your channel sir your videos are amazing You said in 4 days old that dont blindly copy anyone stock ideas But i thought your ideas are trustful can i follow your investment ideas and wait for 5 6 years plzz reply sir

[@niharpatel8308]

thank you for explaining it so simply.

[@misterykannadiga]

How to get credit card for students

[@jain28vaibhav]

One lite card me minimum 2000 ki fd khol kar credit card le sakte ho

[@hirankthakur6585]

@@jain28vaibhav limit kitni hogi card ki?

[@jain28vaibhav]

@@hirankthakur6585 initially 110% of fd amount, lekin jaise jaise card ko ache se use karoge limit badti jayegi apne aap

[@hirankthakur6585]

@@jain28vaibhav thanks brother 👍

[@michaelbond2874]

@@hirankthakur6585 fampay bro

[@susanta.sahu01]

Can we get the same benefit over proprietary registered business?

[@nitesh5329]

Agar GST In Number hai to fir kiya hamlog GST claim kar sakte hai..

[@Aditya.Santra]

Hi Pratik, Can i cliam GST Credit if i buy this Macbook with student discount?

[@bvkgamingchannel2404]

No brother you can only claim one discount

[@sagarsway7768]

Which business you are doing ?

[@TonyStark-n1n]

One question is that if I am buying anything from my Amazon business account so the payment should be done from company account or Can i use my personal credit card? Will I get benefit if I use my personal account like Gpay or Credit card ? Kindly help.

[@nadeemchitaliya9411]

VIDEO WAS HELPFUL,THANKS BRO

[@saggu2322]

Hey pratik , I have a question What if i purchase a pc and claim 18% gst through my friend's gst number . To save money . Is this legal? Or it will make any kind of trouble?

[@debarghyakarforma262]

Nope . It is totally illegal. If u r claiming GST that's means u are purchasing this product for business purpose.

[@amritansh3357]

See everything will be okay if the amount of laptop justifies with the amount of turnover of your friend if he's having huge no. of turnovers nothing will be harmed but if it's a small business then notice can come to him if he had regularly claimed ITC for every random product and at that time your friend may have to face a penalty and inspection

[@sandythakkar]

I have a doubt about how to claim gst file without any CA's help

[@niharlakeshri8798]

Hi i have one question What if we have lets say purchased product for improvement of business and paid gst of 20k , but have not yet made any income from customers and lets say that gst i. Have received from sales is less than 20 k or not at all, then will i get 20 k refund for gst ?

[@aakaash088]

Same question, can someone help answer it? Thanks 🙂

[@royofficial7004]

Ye do kauri ki youtuber bata nabi payega better to ask CA

[@manikdahuja]

Yes you can claim

[@ranatushar666]

​@@royofficial7004 Haan to bhai normal bhi keh sakta tha ismein itna bura bolne ki kya baat hai. Information hi to di hai. Tujhe samajh nhi aa rha to tu aur videos dekh healthy criticism de. "Do kaudi" is not a healthy criticism.

[@Gucci77858]

​@@ranatushar666 Right bro

[@mohanjha8700]

I want to buy laptop from hp store on credit card emi, can i still use gst number

[@saumiksarkar9834]

No if you buy in gst you have to pay in full amount one time, emi is not applicable when purchasing with gst

[@Hrithik_w10]

@@saumiksarkar9834gst hone se gst officers vi ayga apka store visit karne ko

[@airscapeindia1649]

Great video ... Just a quick question related to my business. I am a Travel agent and purchase hotel rooms and transport for my clients. I want to know what if I purchase hotels room paying 12% or 18% GST and I charge 5 % GST to my client as I am selling tour package. Am I eligible for GST credit of 5% or more.

[@akshatshekhawat5785]

what if I have a registered GST no. but my company is not making any sales i.e there is 0 earning and I use my company's gst no. for buying an electrical device will I still be eligible for the discount if yes how so.

[@Sourav_MadridCF]

Gst credit ke liye pehle gst tumko bharna padega, uske baad tumko credit milta hai

[@sumanbandopadhyay1183]

If I am a consumer and purchased many items and paid huge tax as part of it. Does anyway consumer can get some returns while filing taxes?

[@amarsingh25]

NO. Jo End consumer/ultimate consumer hota hai usko hi Tax bear karna hota hai.

[@rosidulbarbhuiya2424]

Love you too bhai

[@sajidmullah5260]

I also prefer to shop with Amazon instead of Flipkart

[@Zenconstructions]

Excellent information

[@rudramohit1904]

Then bro how did you claim gst on MacBook??

[@paramjyothiakula]

You mentioned all 3 parties should come under gst purview but customer need not come right? We just charge them. And suppose i don't take 18 rs from customer should i still need to give 18% to govt?

[@aruntam1]

Good Quality content, please do it in English.

[@surajkumarjena87]

What kind of bussiness you exaxtly own bro ... If you can explain that in a video. .that would be ...really helpful . And what kind of frelancing work you do ...?? Apart from u tube and trading...!!

[@mehkhan]

I'm New subscriber, I got one more useful video 😀

[@AftabKhann-yt]

Can i Get ITC on my Rado Wrist watch of Rs 145000

[@justfocus9642]

I registered my gst/company 1 week back, can I claim 3 months old Bill of LAPTOP purchased for business??

[@ShivangDw]

Yes

[@KaranGupta-LSUF-]

No

[@KaranGupta-LSUF-]

Kyuki bhai jo laptops ka invoice hai usme tune apna gstin thodi diya tha.. toh kaise claim krega

[@nitinkarnesh4364]

How can we claim our gst return bro.

[@khansireducation8066]

Thank you bro for this new and interesting information.......

[@Entertainmententertainment-c4r]

Free and savings ke chakar me company's apko sale karadi jo apko utna zaroori nhi the..🤣

[@sharkinternational7790]

WELL EXPLAINED

[@rahul.katkam]

Thank you bro ❤️

[@siddharthdwivedi9597]

Agr hamare business ki sale ho 1 lakh ...to kya hum 10 lakh ka supporting item buy kr skte hain?

[@ajaybeersingh4930]

Should I made a separate Amazon business account or convert my old account to business account??

[@akshayreddy3073]

But some companies like hydropower does work

[@vinayakrokade9237]

Can anyone tell me how to make background colour as in background of thumbnail pink&white

[@arjunparihar6554]

Agar hamne purchase jyada kiya he sell se to kya ham vo tax cash me govt. Se le skte he kiya please answer this

[@aadishjain7454]

Aage tax bhrega na usme se adjust hjyega..cash koi nh deta

[@AshuMillionaire]

Bhai vo next month ke tax me adjust ho jayaga

[@aadityaprajapati3409]

@@aadishjain7454 bhai self employed bhi ye kr skte h kya

[@Sandesh_mishra.]

​@@aadityaprajapati3409haa bhai

[@joysavan]

Last video kaunsa hai jisme aapne discuss kiya hai ?

[@vivekjain999]

Humko payment business ke current account se krna hai ki hum koi bhi dusre account se kr sakte h jaise apne savings account se ?

[@vishalmodi2926]

Very well explained

[@devinarayanan8094]

bhaiya pls make a video on your freelancing journey

[@anishbarman8814]

What is the benefit when it's just cancelling my payment to the government

[@amritansh3357]

Bhai the payment you are making to govt is not out of ur pocket but it's the GST you've collected from customer which ultimately you've to pay. So ultimately you are benefited as your gst on that product is cancelled

[@anishbarman8814]

@@amritansh3357 damn ek saal baad mera doubt solve hua

[@Frostygaming7852]

you explained very well thanx

[@amangill7547]

I want to know something..... I want to start my youtube channel can I register it into GST and claim the GST on gadgets that I buy for that purpose......like if I buy a camera can I claim the gst on that please tell me...

[@drriteshsharma6448]

How govt comes yo know that the product is for office use or personal use... I can purchase AC for office and use at my home...

[@Sourav_MadridCF]

Kisi ko pata nehi chalta, but ye depend karta hai ki tumhara, business Kiya hai, office hai ya factory, agar chota office hai aur tum 5 ac kaa claim le rahe ho, fir to gst officer ko doubt hoga, or vo checking karega, uska baad tumko fine lagega

[@mohanpatel4535]

Hi Pratick May i know what business service are you providing for people

[@hzdxxd]

KZbin knowledge

[@seepukumari7893]

Jab hum gst bill claim karte Hai toh hume woh amount kaise milta hai,? Bank account m aa jate hai??

[@ryukgaming4895]

I bought iphone 13 from unicorn website ,will i be able to claim itc on that .i have the tax invoice but they didn't ask for my GSTIN

[@himeshrathod2068]

Bro, can we claim gst on offline purchase? Please answer the question

[@ifthikarchoudhury9406]

Yes you can

[@irl.prathamm]

Only if you have GST invoice

[@himeshrathod2068]

Bro, would I had to charge tax to company,?? Cuz I give them service

[@ajay2552]

Han bhai but dukandaar ko bolna ki wo gst bill de tujhe

[@ayushkumar-hx7lt]

Thanks you so much making my comment a video

[@aareabhi453]

Thank you❤

[@devalsanghavi8868]

You can only claim the ITC for products which would be use in furtherance of your business Otherwise, you will start getting notices from authorities 💀🙃

[@IndianTrickyManish]

Plz elaborate bro

[@neerajkhanduri2860]

Are laptop phone etc. business need hi hai😅 don't worry, just don't order 10 lakh rupees item with a turnover of 1 lakh😅

[@devalsanghavi8868]

@@IndianTrickyManish matlab ki agar koi chiz business mai kaam aaye, uska hi input tax credit (GST credit) use kar sakte hai. Agar aapka grocery store hai, aur agar aapne personal use ke liye car kharidi, toh uska input tax credit (GST credit) apne business ki gst liability ke saamne off set nhi kar saktey

[@flexwithatish]

Bill ka business name p hona zruri h???

[@AftabKhann-yt]

Can We claim ITC If Payment of my Gst Invoice made Through Cash Or with friends Credit Card

[@DiorXd-vf7zd]

What if we have not done any sales

[@MeetPatel-gc5sl]

If i purchase any product worth 100rs and claim gst on it then i have to pay 82rs or 100rs ?

[@shivkumarsingh9742]

How get claims of gst purchase from other state other than where I registered with gst

[@rayyanayyubi1297]

GST is on income above 2 lacs right?

[@arunkumarghadai660]

Bro ham agar Business own nahi karte toh ham kya gst number le sakte

[@kamalshinde3984]

How to get ITC claim from Facebook. If we spend in lakhs for facebook ads

[@Natashalal-s2k]

pratik bhai itc ka claimed money bank account me aata hey kya???

[@dhananjaygiri7720]

gst ka use krke emi bhi kra sakte h

[@RahulKumar-mr8bg]

Hlo bhai kya stock market ke liye bhi gst ki padti h kya?.

[@jigarpanchal0]

Bro mujhe still samaj nahi aaya ki tumne vo 27k claim kaise kiye apne laptop ke ???

[@sharemarket6447]

Bro explain About how GST How to file Etc etc

[@raunak5086]

It's difficult u gotta hire a CA

[@balajigitte4917]

Pls make a video on credit card for students with full plus points and negative point should we use it or not

[@narendrasinghpanwar7871]

Can govt employee can claim gst refund

[@amritansh3357]

No

[@sujeetaland5090]

Does the Amazon business account affect Tax?? Plzz clarify me 😊

[@AshuMillionaire]

Bhai agar mera koe business nahi hai to bhe kya mai GST claim kar sakta hoon?🛑🛑🛑

[@shreshth3190]

Bro hume pata kese chlega ki teeno party me se konsi party gst ke under registered h apni comp ko chodke?

[@darshitpathak3437]

very nice video. ye to ho gai B2B ka scene. But what about B2C? like person A as a customer purchased one item from shop , paid amount including GST. How will govt ensure that GST amount reached to govt. As person A does not run a Business so he would not show anywhere that he paid GST, and govt doesnt know about such txn. So sellers facing end customers still can do "tax chori" ?

[@Im.sumit.mondal]

Boht log krte aise hi

[@ddtheone1]

The customer is buying from someone who is running a business anyway right. So eventually, the money will reach the government.

[@decenthemu]

​@@ddtheone1yes it would be considered as a Forward charge and the seller would have to pay it to the government

[@vikramkumarsoni5283]

Sir mere pass gstin no. Nahi hai toh kya main dost k dad ka use kr discount leke invoice apne naam ka bana sakte hain taki bank se laptop ka reimbursement le sake , education loan se?

[@36abhaysinghabhimanyu13]

Explain me bond please

[@gauravparashar5541]

👌 information💥

[@guptashashank]

Can a medical shop claim gst for laptop and mobile

[@AmbalalShambhulalRayka]

Thanks bro

[@binancework6424]

Hello sir i have almost 4 crore in my gst input credit where i can use it please tell me.

[@bharatjadhav6683]

Agr Maine 30.000 ka laptop liya business account se uspe majhe 7400 ka mujhe gst off mila to mujhe baad me gst return ke time Kitna Dena hoga

[@techrobber7560]

Sir please answer mere relative ki Gst Id hai, aur mujhe laptop Lena hai aur utna paisa😕 nhi hai ,to kya mai laptop par Gst credit claim kar sakta hu , 28% discount ke liye

[@AkbarAli-jw4zm]

Thanks

[@hirankthakur6585]

What if I buy item for my business and gift it to someone . Then also am I eligible for ITC?? Buy the way love your videos bro ❤️❤️

[@hirankthakur6585]

@@manjushacherekar6089 How would someone know that I am not using it......

[@hirankthakur6585]

@@manjushacherekar6089 😂😂😂

[@ajay2552]

@@Vinayadavofficial bhai gift me to wo item dega na. invoice thodi na dega. Aur IT wale konse check karenge ki item tumhare paas hai ki nhi

[@OGxUSER]

@@Vinayadavofficial Bhai apn dusre person k gst number se laptop buy kr skte h ky?

[@amarsingh25]

Well!! legally you cannot get ITC, Govt. assumes you are using the particular product for your business for at least 5 years. So, there is no point of gifting. But as you mentioned above in the comment, "How would someone know that I am not using it......", well!! my friend!! that depends upon the value of the product. Basically, you'll be safe until there is an inspection.

[@asrbari5]

Hi, thank you. I have a query. I am a sole proprietor and i need to buy laptop. DO i need to pay from my GST registered current account or can i pay from my personal account also and claim input tax credit. Also, if i have insufficient balance in my current account, can i add amount into it and not show as sales income? in that case, under what head do i need to show that transaction/amount? Anyone, please help.

[@bigdracco9204]

pratik can you put English CAption in all of your videos?

[@golammortaza-qo9cc]

GST refund possible?

[@deekshagupta8102]

If I sell service worth 100 rs and tax is 18 rs , So i have to pay 18 rs to gov and if I purchase a 500 rs product and it's gst is 90 rs so then I pay 18 rs of gst and attach my 500 rs product then the rest of 72 rs will gov pay me?

[@ashishkumar-jo7cj]

Yes you have to pay that 72rs also because you have claimed that 90rs from the seller

[@aarinchauhan8641]

I bought a laptop from with my friend gst number on the bill it is mentioned that there is 18% tax. And now my friend is telling me that we never get full refund back. He is telling me that only 9% of it will get return. Is it true or my friend is making profit from me.

[@sujalpatil2451]

He is probably making profit from you

[@Sourav_MadridCF]

Gst pura 18% milta hai

[@altamashshaikh-freelancing439]

I wanted to purchase a laptop of 65k where I have option to add gst if you want I can add your gst and you can add has their input tax credit and we can get it settled with some discount. Please let me know

[@underground_security]

Claim wala paisa Kaha aaega?? Bank me?

[@chahatmehta1454]

is it compulsory to pay with company's business account(bank) which payment or personal account / credit card or cash payment are also eligible for claiming gst credit. Maybe we have to endorsed it with the help of CA? not sure. If anybody knew please let me know. Thank You

[@ujjawalsharma6527]

Young, curious and class. Good work.

[@hansrajgarg5820]

Is ITC also applied on composition gst scheme

[@prathhhaam]

Bro, tu CA ko kitna deta hai Monthly? 5k?

[@krishspidey1866]

ohh so thats how my father gets things for cheap