<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>GST credit reversal</title>
    <link>https://www.taxtmi.com/forum/issue?id=114463</link>
    <description>Reversal of input tax credit is required where credited inputs or services are used to make exempt supplies; if the ITC claimed was not on inputs actually used for the exempt sale of land, no reversal is necessary. Accumulated credit during inactivity is not automatically reversible unless it is attributable to inputs used for the exempt supply.</description>
    <language>en-us</language>
    <pubDate>Tue, 08 Jan 2019 08:13:44 +0530</pubDate>
    <lastBuildDate>Thu, 23 Jan 2025 15:55:13 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=551647" rel="self" type="application/rss+xml"/>
    <item>
      <title>GST credit reversal</title>
      <link>https://www.taxtmi.com/forum/issue?id=114463</link>
      <description>Reversal of input tax credit is required where credited inputs or services are used to make exempt supplies; if the ITC claimed was not on inputs actually used for the exempt sale of land, no reversal is necessary. Accumulated credit during inactivity is not automatically reversible unless it is attributable to inputs used for the exempt supply.</description>
      <category>Discussion-Forum</category>
      <law>GST</law>
      <pubDate>Tue, 08 Jan 2019 08:13:44 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/forum/issue?id=114463</guid>
    </item>
  </channel>
</rss>