GST Procedures Series - Availing ITC

Objective - 

1. Get practical knowledge of the legal provisions, procedures, their applicability, and major issues chronologically with respect to Input Tax Credit as per provisions under GST. 
2. Develop skill sets to mitigate and handle issues with respect to Input Tax Credit as per provisions under GST. 
3. Understand prominent issues being faced or likely to be faced with respect to Input tax Credit as per provisions under GST.

Hours - 6 to 8 hours

Coverage - 

1. Brief Introduction to Input Tax Credit
2. Eligibility
3. Restrictions 
4. Detailed discussion on GSTR 2A versus GSTR 3B reconciliation
5. Reversal of Input Tax Credit on account of exempt supplies 
6. Discussion on various legal issues with respect to Input Tax Credit