Zen Tax Clinic

If the other conditions such as possession of tax invoice, receipt of goods/services etc. are satisfied as per Section 16, the ITC can be availed

If a person who is liable to issue E-Invoice issues a normal Invoice, the invoice is invalid as per Rule 48(5). Therefore, the ITC cannot be availed

It is to be noted that the time limit taken into consideration is only the due date of filing September return and not the date of filing September return. ...

In Bill to-Ship to transactions, there would be 3 parties and 2 invoices involved. Therefore, both buyers can avail credit using the invoices received from ...

Yes. ITC can be claimed as the construction directly contributes to the further outward supply

Yes. As a company cannot operate without providing benefits to its stakeholders, any expenditure in relation to CSR is made in the course or furtherance of ...

The Conference services provided by the supplier is a principal supply and any consideration collected from the attendees is deemed to be collected inclusiv...

Yes. As the main intention to provide demo pieces is to garner the prospective new customer, it is an integral part of business and hence, ITC can be availed

E-way bill shall be generated only when the Invoice value exceeds Rs.50,000. Therefore, it is clear that for every transaction, E-way bill need not be gener...

Mismatch in HSN does not affect the eligibility of ITC for the buyer