Practical FAQs on Input Tax Credit by ICAI

Practical FAQs on Input Tax Credit by ICAI Recently the Indirect Tax Committee of the Institute of Chartered Accountants of India [ICAI] has released…

CA Deepak Gupta

Jul 16, 2021

Last update on Jul 16, 2021

Practical FAQs on Input Tax Credit by ICAI Recently the Indirect Tax Committee of the Institute of Chartered Accountants of India [ICAI] has released a compilation of Practical FAQs on Input Tax Credit. 279 FAQs on various practical situations related to Input Tax Credit [ITC] under GST is covered in the compilation. The Topics covered in brief are: a. Eligibility and Conditions for taking ITC b. Apportionment of ITC and Blocked ITC c. ITC in Special Circumstances d. ITC and Job Work e. Distribution of ITC by Input Service Distributor f. Miscellaneous issues related to ITC. The Compilation can be downloaded from below mentioned link:

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CA Deepak Gupta

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CA Deepak Gupta,is Co-founder of Studycafe. He is Microsoft Office Specialist and Corporate Trainer of AI Tools, Microsoft Excel. He is Finance Influencer having more than 250K followers on Social Media. CA Deepak Gupta, is Having more than 14 plus years of experience, and he has Worked with best brands Like, Hero, Wipro, Ericsson before Starting Studycafe. He has Trained more than 20000 Persons in Microsoft Excel, PowerPoint, Power BI, Google Sheet, Google Forms and Other Tools.