L9: Input Tax Credit I One Shot Revision of GST I Jan. 25

Hey Learners,
In this session, Shrey Sir will revise GST through handmade notes & charts. The entire revision will be as per new syllabus and FA 2023..
This is the most important series for Jan. 25 aspirants and will help securing 50/50 in GST.

Contact Shrey Sir on 9654367888 for best prices for lectures & books.

Download the Shrey Rathi Classes App for Taxation lectures & books at the most reasonable prices:
Link for Android Users:

For IOS users: Download the Myinstitute app from App Store and use the organisation code - srcl

Join the telegram group for the latest updates on new batches / books / quizzes / motivation etc.

Follow Shrey Sir on instagram

Learn the most complicated subject in the most simplified manner.
Simplify Tax with Shrey Sir

#tax #taxliability #caintermediate #cainter #gst #gstrevision #AY2024-25 #Jan25 #icai #icaistudents #icai_students_group #icaistudymaterial #oneshot #newsyllabus #itc #inputtaxcredit

[mrabhilashchy]

01:24 Understanding Input Tax Credit in GST
03:48 Conditions for claiming Input Tax Credit
08:56 Input Tax Credit should not be restricted under certain conditions
11:48 Deadline for GST transaction deposit and ITC reversal
17:33 Points in Schedule One affect Input Tax Credit
19:53 Utilization and expiry of Input Tax Credit
24:22 Reverse charge mechanism and input tax credit
26:46 Input tax credit allowed for vehicles and aircrafts with seating capacity of 14 or more
31:06 Input Tax Credit allowed for services in the same category
33:25 Input Tax Credit allowed for specific scenarios
37:57 Threshold limit for GST registration varies based on goods or services and state.
40:36 Input Tax Credit eligibility based on stock on hand
45:06 Input Tax Credit (ITC) allowed on inputs, semi-finished goods and finished goods.
47:40 Input Tax Credit rules and exceptions explained
51:59 ITC reversal for products sold under the composition scheme
54:16 Utilization of Input Tax Credit is crucial for GST compliance.
59:03 Restrictions on ITC utilization due to fraud and non-assistant availing
1:01:19 Understanding the input tax credit and its restrictions
1:06:49 Rule 86B will not apply if more than 1% of output tax liability is paid through electronic cash ledger
1:09:36 Launching of a paid MCQ test series

[omnegi]

Thank you sir🙏, sir please ek baar test series ko join karne ka link de dijiye.

[mariyampatel]

Thank you so much sir ❤️ I shared this video wid my frnds and they loved ur teaching style

[RanaAryan]

Ca finalist now and got exemption just because of you sir thanks a lot
Will remember you always. ❤

[tweety.taless]

Damnnn full coverage in an hour !! Thankyou so much Sir ❤

[kushagrasingh]

FANTSATIC REVISON OF MAY 24 AS WELL AS SEPTEMEBR 24 STUDENTS GREAT

[minkkamboj]

Thank you so much sir for such concise revision 😊

[Placomp]

Hello sir, as of 6th May 2024 there is no audio to this video

[-kumarimuskan]

Sir if in GST I remember the section no ie. 10 but I forgot the clause ie.(2or3) . Then I can only right the sections in my answers ???

[RituMaheshwari-eh]

Thank you so much Sir.... Actor siddharth malhotra resembles you a lot....