Tax Guru

GSTR 9 – FY 2024-25 – Reality of Claim, Reversal and Reclaim

Learn the new GSTR 9 rules for reporting Input Tax Credit in FY 2024-25, including how to correctly record claims, reversals, and reclaims for current and preceding financial ...
Tax Guru

GSTR-9 & GSTR-9C for FY 2024-25: Major Changes & Key Points

Learn the major updates in GSTR-9 and GSTR-9C for FY 2024-25, including new ITC reporting tables, cross-year tracking, and audit-focused ...
LiveLaw

IGST ITC Declared In GSTR-9 Can Be Set Off Against Tax Demand If Missed In Monthly GSTR-3B: Calcutta High Court

The Calcutta High Court has stated that IGST (Integrated Goods and Services Tax) ITC (Input Tax Credit) declared in GSTR-9 can be set off against tax demand if missed in the monthly GSTR-3B.
Hosted on MSN

GST ITC rules: Invoice date doesn't matter, delivery date does; here's why

When the financial year closes, many businesses make bulk purchases in March to optimise their GST outflow, but experts warn that this strategy can backfire. CA Nitin Kaushik explains that input tax ...