How to convert lapsed ITC into genuine ITC

P.Jagadeeswaran , Last updated: 30 April 2020 Share Follow on Google News

Meaning of Input Tax Credit (ITC); Section 2(63) of CGST Act, ITC means the credit of input tax and Section 2(62) of CGST Act, Input Tax means, in relation to registered person, tax charged on any supply of goods or services or both made to him and specifically includes, IGST paid on imports, R

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P.Jagadeeswaran
GST & VAT Practitioner/ Project Finance & Management Consultant

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The author is a Practitioner under GST act and under earlier VAT acts of multiple states in the country. One of the authors for the book published in the name of Simplifying Multi State VAT on Works Contracts in 2015-16 2016-17, authored by 23 leading eminent CAs Advocates in the country. Readers may reach me at P.Ja .. Read more

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How to convert lapsed ITC into genuine ITC

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