GST Credit

Can we take any other itc except GSTR 2A from January 2021?

 

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Quick Summary
This discussion addresses the possibility of claiming Goods and Services Tax (GST) Input Tax Credit (ITC) beyond what is reflected in GSTR 2A from January 2021. While technically possible if Section 16 conditions are met, it carries significant risks due to Rule 36(4) and potential departmental challenges, leading to litigation. The conversation also briefly touches upon the applicability of service tax versus GST on fabrication work.

If all the conditions of section 16 are satisfied then you can take itc. But it is risky to take due to rule 36(4) and department will also not allow. So it is subject to litigation.

Is service tax applicable on fabrication work?

Please reply 

Yes it was applicable and now GST is applicable

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