Gst input tax credit

195 views 2 replies

How ITC will be calculated?

We are housing society collects less than 7500 maintenance.

We are paying GST, on most of the services.

We are not  collecting as of now.

To collect GST paid on services (ITC), we are planning to register.

Is it possible to get back the GST paid on services?

Replies (2)
But you are not liable to be registered in GSTN (As per Noti.2/2018 CT (r))
& if you are not registered then you are not liable to collect GST (As per section 32 CGST Act).

& if you R registered , & wants to collect gst on invoices already issued have to raise Debit Note for the same

Thank you 

As per your response, it is possible to get INPUT TAX CREDIT.

I will discuss with my auditor and plan get it reimbursement for future payments.

 

 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
22 June 2026
Accountant

Global Image Technologies Private Limited

New Delhi

MBA

View Details
Company
ARTICLESHIP 30 June 2026
2 posts Article assistant and Articleship completed students

Chirag N Shah & Associates

Mumbai

CA Inter

View Details
Company
20 June 2026
Chartered Accountant

ANV & Company

New Delhi

CA

View Details
Company
ARTICLESHIP 10 July 2026
Article Assistant

N S Gokhale & Co

Thane

CA Inter

View Details
Company
ARTICLESHIP 30 June 2026
Article Assistant or Paid Assistant

VIKAS VERMA & CO

New Delhi

Others

View Details
Company
Featured 24 June 2026
HEAD - AUDIT AND TAXATION

A R JADHAV AND ASSOCIATES

Mumbai

CA Inter

View Details
Company
06 July 2026
Chartered Accountant (Indirect Taxation)

Gowra Ventures Pvt Ltd

Hyderabad

CA

View Details
Company
20 June 2026
Assistant Accounts Manager

Fintax Professionals

Gurgaon

CA Inter

View Details