#input tax credit
Log in to FollowLatest input tax credit updates, notifications, rulings, case laws, compliance requirements and expert analysis covering GST developments on TaxGuru.

Assessee permitted to rectify its GSTR-1 for FY 17-18 & 18-19 to avail ITC benefits

Assessee directed to file representation for release of blocked funds w.r.t. alleged non-payment of GST and excess availment of ITC

ITC not available on vouchers received by Myntra: AAAR

Reversal of ITC in case of non-payment of tax by supplier & reavailment thereof (New Rule 37A)

Taxpayers can now enter negative values in Table 4D(2) of GSTR-3B

Writ petition filed before passing of final order is premature & not maintainable

HC allows manual application for Claim for Refund of Eligible excess ITC

Non-Payment of Consideration within 180 Days – Traders in Big Trouble – ITC not eligible

Refund cannot be denied for an inadvertent error which was subsequently rectified

IGST refund claim cannot be withheld when ITC towards purchase from risky supplier had already been reversed

Bail denied to accused of fake invoices due to ongoing investigations to unearth more fake suppliers

Whether mandatory to distribute credit through ISD mechanism only?

ITC cannot be denied without granting opportunity to show genuineness of transactions

Bail Condition to deposit INR 70 Lakhs for alleged wrongful availment of ITC is not sustainable
Explore the latest input tax credit updates on TaxGuru, including statutory provisions, notifications, circulars, advance rulings, judicial decisions and compliance developments. This page brings together practical coverage of important GST issues, procedural requirements and emerging interpretations to help taxpayers, businesses and professionals track changes and understand their compliance and litigation implications.
