Input Tax Credit Course

About Input Tax Credit Course

Dates: 23rd and 24th February, 2023

Time: 8:00 PM - 10:00 PM

Duration: 4 Hours

Language: English

Faculty: Industry Expert

Coverage of the Course :

• What is the Eligibility and Condition for claiming ITC- Section 16 of CGST Act
• Requirement and reversal of ITC (rule 37)
• Schedule I vs Rule 37 Comparative Study
• Rules and Provision for Offset of ITC - Case Study
• Concept of Claim - Reversal – Reclaim
• Clarification on Non Filing of GSTR1 will not create ineligibility for taking ITC
• Block ITC as per Sec 17(5)
• Provision of Section 17 for reversal of common ITC and meaning of Exempt Supply
• Reversal as per Rule 42/43 for Input, Input Service & Capital Goods
• Special Provision for Banking, Financial Institutions, NBFC's
• ITC in case of special circumstances - Sec 18
• Other Provision - Payment of Tax, Interest, Block of ITC (Rule 86A)

Experienced Faculty

Industry Expert, is a Chartered Accountant and Company Secretary. He is a GST Faculty with Ministry of MSME PPDC, Govt of India and also SGST Officer trainer with various states. He is having a You Tube Channel named Industry Expert (Swastika Educonsult P Ltd) for updates to tax professionals. He has authored one book "Handbook on Advance GST Practitioner" under the Ministry of MSME. He has worked with various corporate including TCS, ICICI Bank, Parekh Group, DK India and Soma Isolux, etc and now started CA practice at Delhi since 2017. His major GST Training includes GST training at Indian Airforce, SGST Officers, Tax Bar Association, Management Institute, ICAI etc.

Terms and Conditions:

• The validity of the Recorded Session: 1 Month with Unlimited Views