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Sections & rules related to Section 16

Section 17 - Apportionment of credit and blocked credits
CGST Act, 2017

The Input tax credit shall not be available under section 17 of the CGST Act in respect of the following - (g) goods or services or both used for personal consumption...

Section 19 - Taking input tax credit in respect of inputs and capital goods sent for job work
CGST Act, 2017

Section 19 of the CGST act prescribes conditions and restrictions for taking ITC for goods sent for job work. The principal shall be entitled to ITC even if the inputs are directly sent to a job worker..

Section 37 - Furnishing details of outward supplies
CGST Act, 2017

CGST Act Section 37, Every registered person shall furnish, electronically the details of outward supplies of goods or services effected during a tax period

Section 39 - Furnishing of returns
CGST Act, 2017

Updated provisions of section 39 of CGST Act 2017 with expert opinions. (1) Every registered person shall, for every calendar month or part thereof, furnish, a return, electronically

Section 41 - Claim of input tax credit and provisional acceptance thereof
CGST Act, 2017

Updated provisions of section 41 of CGST Act 2017 with expert opinions. (1) Every registered person shall, subject to such conditions and restrictions as may be prescribed

Section 43A - Procedure for furnishing return and availing input tax credit
CGST Act, 2017

Updated provisions of section 43A of CGST Act 2017 with expert opinions. (1) Notwithstanding anything contained in sub-section (2) of section 16, section 37 or section 38

Section 49 - Payment of tax, interest, penalty and other amounts
CGST Act, 2017

Updated provisions of section 49 of CGST Act 2017 with expert opinions. (1) Every deposit made towards tax, interest, penalty, fee or any other amount by a person

Rule 37 - Reversal of input tax credit in the case of non-payment of consideration
CGST Rules, 2017

CGST Rule 37, (1) A taxpayer, who availed of ITC on any inward supply of goods or services, but fails to pay to the supplier then such credit shall be reversed.

Rule 43 - Manner of determination of input tax credit in respect of capital goods and reversal thereof in certain cases
CGST Rules, 2017

CGST Rule 43, the input tax credit in respect of capital goods being partly used for the purposes of business and partly for other purposes, or partly used for effecting taxable supplies including zero rated supplies and partly for effecting exempt suppli