Input Tax Credit ITC Under GST with an Example - Introduction to GST in India
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- Опубліковано 30 вер 2024
- Input Tax Credit ITC Under GST with an Example Video Lecture From Introduction to GST in India Chapter of Indirect Taxation Subject For TYBCOM Students.
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Instablaster...
It's means this is beneficial for manufacturer not for consumer?
😊
Agar aap mujhe 15 saal pehle mil jaate to aaj main bhi chartered accountant hota. You are the best teacher on entire youtube fraternity. You do not have a fake accent or you do not repeat lines unnecessarily. Very focused and very sharp point to point video. God bless you.
Toh ..aab clear kar lo..🙄
@@RakeshSharma-eq2lq ha ha ha sahi kaha sir, par ab to main dusra career adopt kar chuka hu.. but still he is brilliant...
15 saal pehle GST nhi tha
Padhne ki koi age nhi hoti
@@miss_amrute 😂
By the way, The car was so perfectly drawn..
Lol true😂
ya I also impree😅
Mja hi aa gya sir. Sir itna accha padhaoge to humein bhi padhai ka keeda lg hi jaaega.🙃👍👍
Plz give a detail video of gst which will baished on construction company and subcontractor billing
Are yr phle kyo nahi mila yeh wala channel
Stupid youtube
Didn't recommend me ever this
☹️
11 May ko exam hai
I always had a doubt in this concept but now I am 100% confident in this. Thanks man, way to go !!
If your are not studying for CA start from 14:30 to understand else poora bakwas.
Sir lecture to acha tha, video bahut badi thi..itni si baat aap 2 minute mein bhi bta sakte the..any how...
What if ITC is more than the output GST, Please explain.
Ur superb 👌 explanation superb 👏
Concept that I was trying to understand by so many people and so many videos cleared in just 20 min by this video ❤❤ No Words, Thank you soo Much 💐🙏🙏
Very good explanation
Thank you sir thank you very much
I cleared my group 1 in 1st attempt
Your videos help me a lot
I gained 62 marks in tax and the whole credit goes to you sir
Thank you so much !! Keep up your hard work and keep learning
In which exam?
@@riddhisharma2800 CA INTER GROUP 1
bhai great yr thx for so much conceptual lecture ....
Does that mean eventually only the consumer will pay the GST to government? Since, all the seller from producer, wholesaler to retailer, they will offset their GST with ITC.
Literally it's a very very very Deep concept that you taught, you cleared my doubt , thank you so much 😊
Wow.. Made a difficult subject so easy..
Way better than live classes..
Thankyou for the appreciation and hope this video has helped you.
For much easier learning I would suggest you to go through this link bit.ly/353lpP2 and download the Ekeeda-The Learning Application.You can also share this with your family and friends.
but sir this app is for science students. is there any app built by your team for commerce students.
Thnk you for explaining this sir
Thank you so much sir
Manufacturer charge me 5%
I Reseller charge 5% to distributor
Distributor charge 5% to retailer
Retailer charge 5% to customer
Customer
I have paid 5 % to manufacturer can get ITC ?
Now what
superb- very simply explained with examples - i could understand the concept very easily
My client has already pay me Total Amount, they now refuse to give me Tax Amount, as per their instructions I already Upload Invoice in my GSTR 1 Filing,
What is loss of my client in this, kindly address?
कैसे धन्यवाद करूं सर मै आपका मेरे पास वो शब्द नहीं है आपकी वाणी के पुरस्कार का शत शत नमन करता हूं आपके इस ज्ञान का धन्य है वह गुरु जो है सामान द्रोणाचार्य के जिसने दी आपको यह दीक्षा उनको हाथ जोड़कर प्रणाम है इस शिष्य अर्जुन कुमार का
Aap aeise padhayenge to mera sara ka sara doubt clear ho jayega ❤
Sir I don't understand a thing aapne bola ki ki agar wholesaler to retailer goods supply hoga to to sirf value added pe tax lagegaa to last example me clar total 100000 ki sale hui to usme goods cost, capital goods cost, service cost, etc sab add honge or ur profit bhi add hoga to phir tax to sirf profit pe lagna chahiye na to total GST liability 28000 kaise hoga , let's say 50000 capital goods, goods and services ka cost hai with GST included or 50000 value addition hai to phir next tax to 50000 pe lagna chahiye na na ki 100000 pe and 28000 is 56% of 50000 and sir that's very high rate
Other than sir if someone knows the answer of this question please tell me
Or please tell me if I'm understanding wrong and sir is trying to say like this
Let's assume 50000 is price of goods, capital goods, service excluding GST and 50000 is profit so total is 10000 and GST is 28000 in which 18000 is of goods, capital goods, service and 10000 is on profit
Please if someone other than sir knows the answer of this question please tell me because I know sir will not reply
You are too flexible i love you so much, but one thing I didn't get still government taking everything from us where gone the profit, we are not in profit after selling the product. In reverse I'm liability for government.
Thank you so much sir aap ki wajah se mere doubts clear ho gaye , LOVE FROM CS EXECUTIVE 💞
Anderson Deborah Wilson Gary Robinson Michael
Ek doubt tha sir how does consumer get profit due to this, as consumer are paying tax on price that is already increased due to previous tax. Isme to sirf Retailer ka faayda hua kam tax pay krna pda use.
But here end customer will pay ₹1,28,000 or ₹1,10,000?
Sir , how the whole sellers charge and pay tax. Does the whole sellers and retailers avail input tax credit.
New brand ambassador of NANO
Agar kisi raw material(cement) par gst 28% hai aur finished product (bricks) par 5% GST hai to is condition (input tax credit) mein kya hoga?
Sirr bahut bahut bahut gajab tareeka hai samjhane ka bahut shaan dar
So OEM will take output cost from us minus it from their input and save our sum output
Bhai saab topic ko chewing gum bana dia aapne i had to play it at 2x and still skipped 10sec in between
Bro I have GST exam tomorrow you literally cleared this concept 🎉 thank you very much!!
Thanx sir your video is very helpful for clearing my doubt
Very well explained ! Already a subscriber now !!
Awesome sir ji kya easy concept mai aapne smjhaya 😊😊
Bro explain one thing, Maine tyre kahreda or GST pay Kiya or phir maine tyre beh Diya price bdha k fir uspe Jo GST lga hai wo whole amount par lga or jab c.a se poocha GST input pe to usne bataya ki GST ka credit next sal par milega ispe nhi milega Mera total GST tyre ki cost se jada ho gya esa kyu ?
Slow video
Hi Sir,
In your example you said that Nano is sold with price of 100000+28000 (GST) = 128000 Rs. So, what is the benefit to consumer here. The consumer still need to pay almost the same price whereas manufacturer ort distributors or retailers are getting Input Tax Credit, but what about the end parties - i.e. consumers, they are experiencing products and services still expensive. Please correct me if I'm wrong.
Thanks
Javed.
Yes there is no profit gained only paid input GST and output GST. 🤣
Oh wow....this was the exact answer of my doubt and why GST of a shopkeeper is output -input. 4:54
Thankyou for the appreciation and hope this video has helped you.
For much easier learning I would suggest you to go through this link bit.ly/353lpP2 and download the Ekeeda-The Learning Application.You can also share this with your family and friends.
Excellent sir. You are best and Top speaker
15.56 Bohati mehengi car hei yani ki NANO👌
Very knowledgeable video thank u sir
Thankyou sir, you have cleared all my doubts.
Thankyou.Hope this video has been helpful for you.I would advice you to go through this given link bit.ly/353lpP2 and download the Ekeeda Learning App this can make learning and navigating easy for you.You can also suggest your friends to download this app so that it will be helpful for them to study.
PERFECT EXPLAINED... THANKS
Crip and Clear! Thankyou for the video
Easy language.. Iiked it👍
10-10 ads lgana is a problem, flow toot jata hai
Thanku so much sir explain for topic
Very Required concept explanation
Aap bohot acha padha rahe ho but you are not creating a video little interactive means it sounds little boring aur thoda information delivering skills meh apko kaam karna padta sir
Thankk youu so much for this video❤
very helpful thankyou so much
Sir nice drawing but that was not nano car😅😅
your explanation style is not so good...
Thanks bro in simple format
sir ek machine jo ki rent pe li hai uske spare parts and repair and maintainance ka input credit kisko milega uske real owner ko ya jisne rent pe li hai usko????
I have a question. Can you help me?
Thanku
Finnally my all doubt are cleared 😊
Hello sir kya jwellery business m itc milta h kya
very helpful, thank you!!
Simple ko complicate kar k kaisi bataya jaata hai. Iska better example nahi ho sakta.
Bro video short bhi ho skti hai agar English to hindi translation and drawing classes band krde toh
Car kaise banati hai wo jyada explain hua hai itc se
What a explanation ❤hatss offffff…
You are awesome
Wonderful explaination sir
Very good explanation sir
Very very good explanation 👍👍👍
GST ek tarah se customer pay kar rahe h company nhi 😅
Thankyou so much understoood
Amazing. Keep up the great work. For someone from Non- accountings background, this is was a gem of information
he is a CA
Thank you sir aap bhot Accha samjha te ho
Thanks a lot for this video
Thanks bro, kya khoob explain kiya❤
very nice explanation
Kya capital goods ka ITC liya ja sakta hai?
Thank you so much sir 😊❤
Pdf file provide kyo nahi karte apne video ki
Thank you sir easy language... like it 😊😊
Thanks guruji 😊✨🙏
Nice example man .... Very easy to under the concept in a layman language ...❤
Very Nicely presented. Now Please advise I am a Logistics Person having my Own company. I buy freight from my vendor and add little profit and sell to my customer. I pay GST to Vendor on their price and bill GST to my customer. my CA Pays GST to Government every month. Am I entitled for any ITC. Please suggest.
Thank you brother ❤️
Awesome explanation
Very good explanation
just a simple thanks....
Ossm teacher 😊
Yr tu faltu ki bakchodi zuada krta h..kaam ki cheejay kam batata h..
Abey chal, poori video dkh acche se smjhaya hai aur ek ek cheez barabar batai hai point to point. Video badi hai kyoki jinke liye ye concept new hai unke liye bhi easy ho smjhne ke liye
5 min ki video 20 min mein bnayi boring
Well explained ji
The customer who is the ultimate consumer is giving the tax on that 18k also,as the company will evaluate the selling price after all the expenses incurred during manufacturing... Is not it a cascading effect?
Ultimate gvt profits sirf profits
I nasar khan from Pakistan
Great explaination👍