“Input Tax Credit” in GST
GST on Housekeeping Services: Rate, SAC Code & Applicability
What is the GST rate and SAC code for Housekeeping Services in India? This guide covers the rate, SAC code, applicability and input tax credit. GST on Housekeeping Services — at...
Section 20 of IGST Act 2017 — Application of Provisions of the Central Goods and Services Tax Act
Section 20 of the IGST Act applies a wide range of CGST Act provisions — registration, input tax credit, returns, assessment, offences and more — to integrated tax mutatis mutandis, and provides that penalties under the IGST Act equal the sum of the CGST and SGST penalties.
GST Rate on Royal Enfield Classic 350 — the 350cc Test
The GST rate on a Royal Enfield Classic 350 turns on one test: motorcycles up to 350cc are at 18% under GST 2.0, and those above 350cc are on the 40% demerit list. This guide explains the boundary, why variant names mislead, and how to check.
GST Rate Chart 2025-26: Complete List of GST Rates on Goods & Services
Complete GST rate chart for FY 2025-26. GST rates on goods (0%, 5%, 12%, 18%, 28%) and services including latest changes. Covers food, pharma, electronics, construction, healthcare, education and more.
GST Rate on Air Conditioner — 18% After GST 2.0
The GST rate on air conditioners is 18% after the GST 2.0 revision effective 22 September 2025, down from 28% plus compensation cess. This guide covers the change, installation as a composite supply, and when an AC carries input tax credit.
GST Rate on Bike — 18% to 350cc, 40% Above
The GST rate on bikes is 18% for motorcycles up to 350cc and 40% above 350cc, following GST 2.0 effective 22 September 2025. Engine capacity is the dividing line, and this guide explains how it works, what happened to compensation cess, and the credit position.
GST on Advertising Services: Rate, SAC Code & Applicability
What is the GST rate and SAC code for Advertising Services in India? This guide covers the rate, SAC code, applicability and input tax credit. GST on Advertising Services — at a...
GST on Training Services: Rate, SAC Code & Applicability
What is the GST rate and SAC code for Training Services in India? This guide covers the rate, SAC code, applicability and input tax credit. GST on Training Services — at a glance...
GST Rate on Cement — 18% After GST 2.0
The GST rate on cement is 18% following the GST 2.0 rate revision effective 22 September 2025, down from 28% plus compensation cess. This guide covers what changed, the effect on construction contracts and transitional stock, and how input tax credit works.
GST Rate on Laptop — 18% and How Credit Works
The GST rate on laptops and computers is 18%, the standard rate under the GST 2.0 two-rate structure. This guide covers accessories, bundled software, input tax credit for businesses and freelancers, and the rules on buying a laptop in another state.
Section 16 of IGST Act 2017 — Zero Rated Supply
Section 16 of the IGST Act treats exports of goods and services and supplies to SEZ developers or units as zero-rated. Suppliers can either export under a LUT or bond without paying IGST and claim refund of unutilised ITC, or pay IGST and claim a refund of the tax paid.
ITC and the Wrong GSTIN on a Supplier's Invoice
A supplier typed the Bombay GSTIN instead of the Delhi one. The department disallowed ₹5.65 crore of credit — and then admitted in court that no other entity had...
GST Rate on Television — 18% After GST 2.0
The GST rate on televisions is 18% after the GST 2.0 revision effective 22 September 2025, down from 28% plus compensation cess. Screen size no longer splits the rate, and this guide covers bundled installation, wall mounts and the credit position.
Section 16(4) and the Retrospective Section 16(5)
Two High Courts, the same problem, and the same resolution: the legislature moved before the constitutional question could be answered. What the courts said on the way to that resolution is not binding — and is quoted constantly anyway.
ITC on Reverse Charge Tax: Which Conditions Apply, Which Do Not, and the ISD Route
Paying reverse charge is the easy part. Getting the credit right is where the errors live — because three of the conditions that govern ordinary input tax credit do not apply to reverse charge credit, and one condition that does apply exists nowhere else.
GST on Insurance Services: Rate, SAC Code & Applicability
What is the GST rate and SAC code for Insurance Services in India? This guide covers the rate, SAC code, applicability and input tax credit. GST on Insurance Services — at a...
GST Penalty Guide — Every Fine, How to Avoid It
Every GST penalty, interest rate, and section reference for 2026–27. Late return filing, ITC fraud, non-registration, e-invoicing violations, and more — with exact section numbers.
GST on Repair Services: Rate, SAC Code & Applicability
What is the GST rate and SAC code for Repair Services in India? This guide covers the rate, SAC code, applicability and input tax credit. GST on Repair Services — at a glance...
GSTR-9C Table 14: Expense-Head-Wise ITC Reconciliation
Every other credit table in the GST returns works at aggregate level. Table 14 works ledger by ledger — seventeen expense heads, each requiring total ITC and eligible ITC as separate columns. The gap between the two columns is the point.
Finance Act 2026: Every GST Amendment, and When Each One Starts
Five GST amendments in the Finance Act 2026 — and three different commencement dates. Which are live today, which wait on a notification, and what each one changes.
Reconciling GST Ledgers with the Books at Finalisation
Two ledgers on the portal, two balances in the books, and they never agree on the first attempt. The reconciling items are predictable — which is what makes an unexplained residue a finding rather than a nuisance.
GSTR-9C Table 12: Reconciliation of Net Input Tax Credit
Part IV reconciles credit in the books against credit in the return, and the two move on different clocks — booked when the invoice arrives, claimed when GSTR-2B allows. Two adjustment rows handle the gap, and a third difference has now appeared that nobody created.
GST on Discounts, Advances and Sales Promotion Schemes
Three of the twelve turnover reconciling items are commercial arrangements rather than accounting differences — discounts, advances and promotion schemes. Each has a rule that turns on a document, and one of them is about to change.
Classification of Agricultural Goods and Services: HSN and SAC
Classification decides the rate, the exemption and the credit position all at once — and in agriculture it does something else besides: the chapter a commodity sits in is a rough proxy for how much processing it has had, which is exactly the question the exemptions turn on.