Top four conditions for eligibility of GST ITC under Section 16

ByCA Akash Arora

Conditions for eligibility of GST Tax credit under Section 16 GST Input tax credit has been further classified into Eligible and Blocked Credits. Blocked Credits are dealt with under Section 17(5) while Section 16 deals with GST Input tax credit eligibility and conditions. Before we proceed onto Blocked and Eligible credit, let us first understand…

Top 10 points to conduct GST Audit effectively & GST Audit Checklist

ByCA Akash Arora

GST Audit and GST Audit Checklist In this article, we have discussed the points to be checked in GST Audit and later we have provided a GST Audit checklist. A taxpayer registered under GST will undergo GST Audit which would involve examination of GST returns, documents, accounting records to identify any possibility of GST evasion….