Input Tax credit

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....nput Tax credit<br> Query (Issue) Started By: - Ethirajan Parthasarathy Dated:- 11-2-2019 Last Reply Date:- 12-2-2019 Goods and Services Tax - GST<br>Got 2 Replies<br>GST<br>A dealer has some unutiliz....

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....ed GST input tax in electronic credit ledger. From a particular date, the goods dealt by him becomes non taxable and hence writes off the balance of input tax in electronic ledger. Can this write off....

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.... be disallowed u/s 43B , since relevant input taxes were incurred in earlier years or can be disallowed as " Prior Period expenses". Reply By DR.MARIAPPAN GOVINDARAJAN: The Reply: In my view it shou....

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....ld be reversed. Reply By KASTURI SETHI: The Reply: I concur with the views of Dr.Govindarajan, Sir. Read the following relevant Section 18 of CGST Act, 2017 and Rule 44 of CGST Rules, 2017<br> Discu....

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