tax or purporting to be by way of tax and shall not be entitled to input tax credit on goods purchased ... tax on the sale of food and drinks. (5) The dealer, who pays tax under this section, shall not be entitled to input tax credit
year or an year; (xlii) "Reverse tax" means that portion of input tax of the goods for which credit has been availed but such goods ... sale of any goods on which no tax is chargeable but in relation to which input tax credit or refund of input tax paid
Amendment of section 16.
In the Integrated Goods and Services Tax Act, 2017, in section 16, –– (a) in sub-section (1), in clause (b), after ... zero rated supply shall be eligible to claim refund of unutilised input tax credit on supply of goods or services or both, without payment
purposes of distributing the credit of Central tax, State tax, integrated tax or Union territory tax paid on the said services to a supplier ... office; (62) "input tax" in relation to a registered person, means the Central tax, State tax, integrated tax or Union territory tax charged
claimed refund of input tax under sub-section (2) of section 18, shall reverse the input tax credit, if any, availed by him on such ... preceding tax periods, if any) from the output tax, payable by him during the tax period. (2) If the amount of input tax credit
sale, the tax payable by a dealer at any point shall be the amount arrived at after deducting, the input tax credit specified under section ... prescribed particulars of sale. (b) If the original tax invoice is lost, input tax credit shall be allowed only on the basis of a duplicate
Goods and Services Tax Act, 2017
74. Determination of tax not paid or short paid or erroneously refunded or input tax credit wrongly availed ... financial year to which the tax not paid or short paid or input tax credit wrongly availed or utilised relates to or within five years
opinion that any tax has not been paid or short-paid or erroneously refunded, or where input tax credit has been wrongly availed ... utilised, no order requiring the appellant to pay such tax or input tax credit shall be passed unless the appellant is given notice to show
Section 67 in The Central Goods and Services Tax Act, 2017
67. Power of inspection, search and seizure.
(1) Where the proper officer, not below ... both or the stock of goods in hand, or has claimed input tax credit in excess of his entitlement under this Act or has indulged
Goods and Services Tax Act, 2017
73. Determination of tax not paid or short paid or erroneously refunded or input tax credit wrongly availed ... financial year to which the tax not paid or short paid or input tax credit wrongly availed or utilised relates to or within three years
