Page 3 - Chap7 ITC

07 INPUT TAX CREDIT

INDEX

No of
Sr. No. Description Pg. No
Illust.
1 Sec 16: Eligibility & Condi ons for taking ITC 7.02 2
2 Rule 37A : Reversal of ITC in case of non-payment of considera on 7.03 2

combine Ques ons on Sec 16 7.04 1

3 Sec 17(5): Blocked Credit 7.05 6
4 Sec 17(5):- Combined Ques ons on Blocked credit 7.08 7

5 Rule 42: Manner of determina on of ITC of Inputs/Inputs services & reversal thereof 7.19 5

6 Rule 43: Manner of determina on of ITC of Capital goods & reversal thereof 7.28 3
7 Sec 17(4): Special op on of ITC for Banking & Financial Ins tu on 7.34 1

8 Sec 18(1): Availability of Credit in Special Circumstances 7.35 2

9 Sec 18(3): Transfer of credit on sale, merger, amalgama on, etc. 7.36 1
10 Sec-18(4): Reversal of credit under special circumstances 7.37 1

11 Sec 18(6): Supply of capital goods or Plant & machinery on which ITC is taken 7.38 1
12 Sec 20: Manner of distribu on of Credit by ISD 7.38 4

13 Rule 86(A) Condi ons of use of amount available in electronic credit ledger 7.42 3
Total No. of Illustra ons 39

S.No. Description Chap. No. Que. No. No. Illus.
1 Study Mat 07 Q. 2, 6, 10, 11, 12, 14, 15, 18, 19, 22, 24, 28, 33, 13

2 Examination 07 Q. 9, 29, 32, 36, 37, 39, 6
3 RTP & MTP 07 Q. 4, 7, 13, 16, 17, 20, 21, 23, 25, 26, 34, 35, 38, 13
4 Other 07 Q. 1, 3, 5, 8, 27, 30, 31, 7

Total No. of Illustrations 39

V’Smart Academy 7.01 CA Vishal Bhattad 09850850800