Taxmanns How to Deal with Departments Notices on GST Input Tax Credit Handbook featuring stepbystep explanations, solutio

This book is a practical guide in understanding the issues raised while replying to the Notice on Input Tax Credit (ITC). It provides a unique stepbystep understanding of the issues on each subjects particular set of facts.This book is divided into two parts, which are as follows: Division One Narrates the Input Tax Credit Legislative Background (inbrief) with reference to:o Relevant Section(s)o Relevant Ruleso Application Forms Division Two Compiles various issues which may form part of the draft response to the notices being receivedThis book is essential for professionals navigating ITC regulations and litigation, offering foundational knowledge and actionable solutions to enhance compliance and effectively manage disputes under GST.The Present Publication is the 2nd Edition | 2024 and has been updated till 31st March 2024. This book is authored by CA. (Dr) Arpit Haldia, with the following noteworthy features: [Comprehensive Solutions to Deal with Departments Objections/Notices] on availment of Input Tax Credit [Coverage of Solutions] include:o Issue Involvedo Grounds of Submissiono Specimen Pleadingo Supporting Case Laws [Coverage of Issues] include:o Mismatch in ITC Claimed in GSTR3B and reflected in GSTR2Ao NonCompliance of Rule 36(4) for ITC Availedo ITC Availed and GSTR1 filed by Supplier after Due Date of Filing of GSTR1o ITC Claimed in Violation of Sections 16(2)(c) and 16(4)o Blocking of ITCo ITC on Immovable Property [Coverage of Case Laws] from the following:o Supreme Courto High Court of the Pre & Post GST Regimeo CESTATo AAR/AAAR [Explanation in Lucid Language] along with comprehensive coverage, detailed analysis and relevant illustrationsThe detailed contents of the book are as follows: Law Relating to Input Tax Credito Introduction to Input Tax Credit in GST Definitionso Eligibility to Claim ITCo Eligibility to Claim or Liability to Reserve Input Tax Credit in Special Circumstanceso Reversal of Input Tax Credit for Input/Input Services/Capital Goods being used for making Taxable/Exempt supplyo Blocked Credit in GST ITC Litigation Departments Objections and Responseso Mismatch in ITC claimed in GSTR3B and reflected in GSTR2Ao NonCompliance of Rule 36(4) of ITC availedo ITC availed and GSTR1 filed by the supplier after the due date of filing of GSTR1o ITC claimed in violation of section 16(2)(c)o ITC claimed beyond the Time limit provided in Provisions of section 16(4)o ITC denied on account of reporting of B2B Supplies in B2C by suppliero NonPayment of Consideration due to Retention of Supplier Moneyo Preliminary reply for seeking reliedupon documents in cases wherein it has been alleged that there was no actual movement of goodso Preliminary reply in case of denial of ITC on cancellation of Registration from retrospective dateo Claiming of ITC in incorrect Heado Tax not paid in RCMo Negative Blocking of ITC Ledgero Blocking of ITC without giving Reasonso Blocking of ITCNonpayment within 180 Dayso Blocking of ITC beyond one yearo Blocking of ITC for ITC Fraudulently availedo ITC on Foundation of Plant and Machineryo ITC on Construction of Property for Rental Purposeso Scope of the term Planto ITC on Captive Consumption of Solar Powero Availability of Input Tax Credit on Liftso ITC on Lease Rentalo ITC in the case of Movable Furnitureo Meaning of Factoryo ITC in the case of Boundary Wall and Plant Roadso Availability of ITC on Pipeline laid outside the Factory for transportation of watero ITC to Housing Society on Repair and Maintenanceo ITC in cases of Railway Sidingso ITC in case of Repairs and maintenanceo ITC in PreConstruction Periodo ITC on further supply of Motor Vehicleo ITC on Test Drive Vehicleo ITC in the case of vessels being used for the Transportation of Goodso ITC in case of Hiring of Vehicle for Transportation of Employeeso ITC on Renting of Bus Used for Transportation of Passengerso ITC in case of Mixed Supplyo ITC in case of issuance of invoice post the date of time of supplyo No onetoone correlation is required for the claim of ITCo Value of Assets for Rule 41Ao ITC in the case of Cooperative Society/Financial Institutiono Can discount be considered as a mode of Payment for Rule 37Ao ITC in case of Warrantyo ITC on CSR Expenseso ITC on Voucherso Reversal of ITC in Case of Normal Losso ITC on Holding of Conferenceo ITC of Brokerage or other ancillary supplies in case renting of Immovable Propertyo ITC in case of Products given as Brand Reminderso ITC on goods given on achievement of Targetso ITC on Services of Works Contractor by a person engaged in other serviceo ITC on Canteen Facilitieso Denial of Refund in case of availment of Higher Drawbacko No ITC to be reversed on Commercial Credit Noteso Seeking Relied Upon Documents in case of allegation of ITC claimed in fake transactionso Availability of Input Tax Credit on Shed in the Factoryo Reversal of Input Tax