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L7 | Input Tax Credit | GST Revision | CA Inter Tax September '24/January '25 Revision | CA Nishant

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  • Опубліковано 19 бер 2024
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КОМЕНТАРІ • 487

  • @rajvansh2003
    @rajvansh2003 5 місяців тому +98

    2:38 Basic Process of Availment of GST
    9:54 Process of Payment of Tax
    16:50 Important Definitions
    *Section 16*
    19:14 16(1)
    20:52 16(2)(a)
    21:51 16(2)(aa)
    22:16 16(2)(b)
    24:00 16(2)(ba)
    27:16 16(2)(c)
    31:08 16(2)(d)
    31:26 Provisos
    34:38 16(3)
    35:45 16(4)
    *Section 17*
    38:53 17(1)
    39:08 17(2)
    39:31 17(3)
    40:21 17(5)
    41:16 17(5)(a)
    42:36 17(5)(aa)
    43:20 17(5)(ab)
    44:46 Leasing/renting/hiring of motor vehicle/vessel/aircraft on which ITC is disallowed
    45:42 17(5)(b)
    46:54 17(5)(c)
    47:39 17(5)(d)
    49:17 17(5)(e)
    49:40 17(5)(f)
    49:50 17(5)(g)
    50:18 17(5)(h)
    50:38 17(5)(i)
    51:24 17(6)
    51:35 General Rule
    54:21 Rule 86A
    57:20 Rule 86B
    *Section 18*
    1:00:32 18(1)/(2)
    1:15:51 18(3)
    1:08:42 18(4)
    1:14:12 18(6)
    1:17:16 Rule 41A

    • @kanakmittal9480
      @kanakmittal9480 4 місяці тому +1

      Nishant sir ne clarifications nhi batae hai na????😢😢😢😢

    • @aayooos
      @aayooos 4 місяці тому +2

      @@Raj_-_soni 😂😂😂

    • @MisTRY04
      @MisTRY04 4 місяці тому +1

      Thank You Bro....

    • @marvelfans8602
      @marvelfans8602 3 місяці тому +1

      Thanks

  • @Shivamsingh-vq8yi
    @Shivamsingh-vq8yi 4 місяці тому +105

    Mene nishubhaiya ke chart ko itna dekha inta dekha jitna inn aankho se dekha jaa skta tha lekin phir bhi inn ankho se kitna dekha jaa skta tha❤

  • @mrabhilashchy3868
    @mrabhilashchy3868 26 днів тому +4

    00:02 Understanding input tax credit in GST revision
    01:59 Understanding Input Tax Credit and its Sections
    06:16 Understanding Input Tax Credit in GST filing
    08:19 Process of availing Input Tax Credit in GST
    13:17 Understanding the process of input tax credit in GST.
    15:57 Input Tax Credit (ITC) calculation and filing process
    19:48 Conditions for availment of Input Tax Credit
    21:47 Input Tax Credit (ITC) entitlement upon receipt of goods and services.
    25:24 Rule 86B requires cash payment if sales exceed Rs 50 lakh per month
    27:08 Conditions for claiming input tax credit under GST
    30:33 Claiming Input Tax Credit
    32:22 Input Tax Credit reversal process under GST
    35:50 Time limits for availing ITC in GST
    37:35 Section 17 talks about apportionment of credits and blocked credits.
    41:23 Ineligible motor vehicles do not qualify for Input Tax Credit (ITC)
    43:08 Input Tax Credit (ITC) eligibility for transportation of goods and services.
    46:36 Input Tax Credit (ITC) scenarios in GST
    48:12 Definition of Plant and Machinery in GST law
    51:52 Utilization sequence of Input Tax Credit
    53:39 Utilization of IGST, SGST, and UTGST credits under GST
    57:11 Input Tax Credit rules under GST Rule 86B
    59:01 Input tax credit and output liability rules under GST
    1:02:56 Input Tax Credit eligibility based on registration status
    1:04:47 Input tax credit on capital goods and its reduction by 5 per quarter
    1:08:21 Section 184 mandates reversal of Input Tax Credit for registered persons switching schemes
    1:10:11 Reversal of ITC based on market price and prorate basis
    1:13:38 Understanding Input Tax Credit reversal in case of registration cancellation
    1:15:16 Input Tax Credit (ITC) rules for specific items

  • @rohitsoni3820
    @rohitsoni3820 3 місяці тому +10

    It's evident that a lot of effort and expertise went into creating this chart, and it's paying off in spades. The color scheme is engaging without being overwhelming, and the annotations provide valuable context. This chart will undoubtedly be a valuable resource for anyone looking to grasp the nuances of GST and its positive effects.

  • @H.KING_26
    @H.KING_26 3 місяці тому +11

    Watching this one day before exam very helpful

  • @pepsicola9713
    @pepsicola9713 5 місяців тому +17

    mst chart hai nishu bhaiya very helpful THANK U SOO MUCH

  • @may_2024
    @may_2024 4 місяці тому +30

    dimaag me chap gaya ye chart sir
    so beautiful, so elegant, just looking like a wow ..................

  • @kishugarg3485
    @kishugarg3485 12 годин тому

    Best best best teacher for taxation…. ❤️❤️Thanku so much sir for these free revision lectures🥺

  • @vaishnaviwabalekthm7770
    @vaishnaviwabalekthm7770 4 місяці тому +3

    Yes sir charts are amazing infact notes of all chapters are amazing I could revise the chapters without any difficulty and in very less time
    I was finding best tutor for GST who could cover whole syllabus in less time and as well built the concepts very strong and I think the tutor is non another than you thankyou so much sir for this kind of efforts you have taken for us even I had cleared my CA foundation maths just because of you my maths concepts was so much unclear and it was very much difficult for me to pass CA foundation exam but I cleared it in first attempt just because of your teaching and I had failed last 2 attempts in CA inter just because of not understanding tax provisions but I think this time I will clear group 1 and again the credit will be of yours I would like to meet you sir if life gives chance to meet you
    Once again thankyou for your efforts and honestly I will tell you after I clear my Group 1 😊

  • @akshayjadhav4269
    @akshayjadhav4269 2 місяці тому +1

    So beautiful charts sir we want more charts like that thank you so much

  • @sanatanadharm8686
    @sanatanadharm8686 6 днів тому +1

    What a lecture sir 🙌. Charts Are Very Helpful To us. At The Last Time Revisions This Charts Are Very Useful it Boosts Our Confidence.
    Thank You Sir 🙏🙇‍♂️.
    Jai Shri Ram 🙏🕉

  • @aryansrivastava643
    @aryansrivastava643 4 місяці тому +2

    SIR NO WORD TO DESCRIBE THAT HOW WELL PREPARED THESE CHARTS ARE, JUST KILLING AND LOVING IT! ❤️🙏🏻❤️🙏🏻
    Thank U Sir! ❤️🙏🏻❤️🙏🏻

  • @savagejethiya6476
    @savagejethiya6476 2 місяці тому +1

    Sir jo clarity milii hai !!!!!!!!!!!thank you so much sir ❤❤❤❤ actually i was confuse about how itc works but this video made clearer picture in my mind !!!!!!!

  • @sakshijhariya85
    @sakshijhariya85 7 днів тому

    You teachers are like a "GOD" for us 😇....... Thankyou so much sir ❤️.
    .
    .
    .
    .
    .
    .
    I'm completing my GST syllabus through these revisionary videos , very helpful.

  • @Cash_ketchup
    @Cash_ketchup 6 днів тому

    The way you prepared the chart & it's content, just amazing sir, amazing job ❤️

  • @aparnasinha_1144
    @aparnasinha_1144 3 місяці тому +1

    Sir apki class bht intersting hy sare topics ache se and without any doubts clear hojate h aur sir aise notes sare chapters m use krea ye bht useful h ❤

  • @madhusudhanku2744
    @madhusudhanku2744 4 місяці тому +2

    Yass..sir.. beautiful and colourful and easy to understand the chart...very very usefull...sir...tq so much NISH10...🎉u r the best educator....sir...❤

  • @aliceculin8311
    @aliceculin8311 4 місяці тому +2

    Yes sir we want these charts as well for other chapters... It's amazing sir..... loved it.....❤❤❤❤❤❤❤❤🎉🎉🎉🎉🎉🎉🎉

  • @user-xd3nl8zq1g
    @user-xd3nl8zq1g 4 місяці тому +5

    thank you for the charts sir...best for revivion

  • @jayshreeladdha9322
    @jayshreeladdha9322 4 місяці тому +2

    These Revisions are very very very helpful for Revisioning the whole GST ......Sir had also provided very helpful notes for last time revisions ....Thank you so much sir🙏

  • @MinnoliShah
    @MinnoliShah 4 місяці тому +1

    I was thinking to leave the chapter your explanation and charts had made this chapter easy and fun to learn. Thank you so much....

  • @Isha7231
    @Isha7231 4 місяці тому +1

    Sir the charts are amazing. They are very easy to understand and revision of entire section has become so easy... Thank you sir.

  • @sakshijhariya85
    @sakshijhariya85 8 днів тому +1

    Thankyou so much sir.....very helpful and amazing charts ✨❤️

  • @unnatisolanki3976
    @unnatisolanki3976 7 годин тому

    Sir ,you are a great teacher, Charts are really very helpful. Thank you from the core of my heart.❤

  • @vivekjha201
    @vivekjha201 4 місяці тому +1

    Hats off to you sir !!!! These charts are very awesome. And sir, no words to express your hardwork and dedication. Thank u sir for this sessions and notes❤❤

  • @opopopop919
    @opopopop919 4 місяці тому +1

    amazing charts sir. you are the only reason I am able to understand taxation subject it and idt. thankyou so much for all the hardwork you do sir. we want similar charts for other chapters too sir.

  • @sejalgoyanka5912
    @sejalgoyanka5912 12 днів тому

    Charts are really comprehensive and helpful. Thank you sir

  • @Sahil-jx9ux
    @Sahil-jx9ux 12 днів тому +1

    Thank you sooo much for the chartsss sirr❤❤❤

  • @sujoyghorai1598
    @sujoyghorai1598 23 дні тому +1

    Really hats off you sir ❤️❤️❤️

  • @yourboyabhi
    @yourboyabhi 4 місяці тому +1

    The charts provided just make it a lot easier to hold on to class without getting deviated, it simply makes it easier to interpret and learn from, really appreciate the efforts! Thanks, Sir 🤍✨

  • @nehaprajapati9714
    @nehaprajapati9714 4 місяці тому +1

    Thank You for your kind efforts, Sir.
    Charts are very creative and easily understandable.

  • @Anjum077
    @Anjum077 4 місяці тому +1

    🔥🔥🔥🔥nishu bhaiya angaar hai baki sab bhangaar hai 🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥 awesome lecture by awesome person salute nishu bhaiya

  • @hahanotsofunnyy
    @hahanotsofunnyy 13 днів тому

    sir i had joined classes for may attempt and i failed both groups. and now your revision lectures and notes alone are clearing more concepts for me than those classes i attended for an entire year. thank you

  • @bhavyalakshmyv5734
    @bhavyalakshmyv5734 4 місяці тому +2

    Sir these charts are super amazing waiting for upcoming chapters..feeling blessed to be your student

  • @KhushiSingh_1510
    @KhushiSingh_1510 4 місяці тому +1

    Charts are amazing sir 😊
    Revision easily ho jati h jyada efforts v nhi dalni prti.
    Thankyou so much sir for your efforts 🤗

  • @Thehustlegirl5
    @Thehustlegirl5 4 місяці тому +1

    your efforts are much appreciated sir. thank you so much for such an amazing lecture .

  • @kritikavishvkarma7140
    @kritikavishvkarma7140 17 днів тому

    Love your charts and way to deliver the concepts... Thank you so much Sir

  • @farzanali5910
    @farzanali5910 4 місяці тому +3

    amazing charts sir. thank you for your efforts

  • @vmgouri961
    @vmgouri961 Місяць тому +1

    Thank you for your videos

  • @Zombie31863
    @Zombie31863 3 місяці тому +1

    Beautiful charts and wonderful lecture 🙏😍

  • @nehajm6974
    @nehajm6974 26 днів тому

    Super charts
    Very helpful to remember everything very easily
    They are just amazing

  • @niyatee_11
    @niyatee_11 4 місяці тому +1

    Love your charts and way to deliver the concepts... Thank you so much Sir ❤

  • @Shashank20
    @Shashank20 3 місяці тому

    sir maja aa gaya katayi ekdum bawwal charts aur teaching on top 🔥🔥🔥🔥

  • @IshaLakhani-gx6bg
    @IshaLakhani-gx6bg 5 місяців тому +2

    Amazing charts sir
    Thank you 😊😊

  • @ShraddhaShukla-be8ft
    @ShraddhaShukla-be8ft 11 днів тому +1

    Thank you so much sir😊

  • @spoortikareholalappanavar5292
    @spoortikareholalappanavar5292 6 днів тому

    So useful charts sir, so beautiful✨
    Thank you🌹🙏

  • @harshhh_D
    @harshhh_D 4 дні тому +1

    thanks sir for the notes

  • @devakideosthali6342
    @devakideosthali6342 4 місяці тому +2

    Nishu bhaiyya charts perfect hai !!!

  • @kayachoudhary1936
    @kayachoudhary1936 4 місяці тому

    Nish 10 forever........THE Era of Nishu bhaiya is back.......🎉
    We really want this kind of charts more for other chapters too.....

  • @shrutitiwari6628
    @shrutitiwari6628 3 місяці тому

    Sir bhot helpful hai charts sab samjh gya sir thnkyuu

  • @kamakshi633
    @kamakshi633 Місяць тому

    I'm preparing for the September attempt and I feel like this was JUST the class that I needed to clear my confusion on ITC. Thankyou so much Sir

  • @khangarotanjali_14
    @khangarotanjali_14 26 днів тому

    Charts are so helpful for revision. Thankyou sir

  • @chinmayeeghadi1241
    @chinmayeeghadi1241 11 днів тому

    The charts are very helpful!! Thank you for your efforts 😇

  • @jayatubiswas2606
    @jayatubiswas2606 Місяць тому +1

    Amazing charts sir❤

  • @santoshkawatkar4508
    @santoshkawatkar4508 2 місяці тому

    Yes Sir, this video is very useful. I like the chart. Please prepare for other chapters also. 🙏

  • @anitabhujbal4994
    @anitabhujbal4994 28 днів тому

    yes sir we want these type of charts, it was so helpful thank you sir

  • @creamyhora4005
    @creamyhora4005 13 днів тому

    Thank you sir! Very helpful charts

  • @lyricsstation1975
    @lyricsstation1975 4 місяці тому +1

    You are the best. You've made amazing charts. Thank you for all your efforts Sir❤

  • @harshkothari9209
    @harshkothari9209 3 місяці тому

    SIR TRUELY HELPFUL TESE CHARTS ARE THE BEST ONE COULD GET!!!

  • @anusreedas6255
    @anusreedas6255 4 місяці тому +1

    thank you sir... chart is really beneficial for us.

  • @yashkushwah47
    @yashkushwah47 25 днів тому

    Bhot bhot acche charts h sir thanks a lot ❤

  • @hariomgupta4426
    @hariomgupta4426 13 днів тому

    Sir boht accha laga aapke notes

  • @israkhan444
    @israkhan444 7 днів тому

    sir your notes and flowcharts are extremely helpful to all of us ,especially during the exam times . So thank you so much sir :)

  • @harshkumar4043
    @harshkumar4043 3 місяці тому

    Amazing charts explaination sir thank you very much 😄

  • @ishitahemani7453
    @ishitahemani7453 21 день тому

    too good u deserve appreciation

  • @ArkaSaha-tn6bs
    @ArkaSaha-tn6bs 4 місяці тому +1

    Amazing charts and style of teaching

  • @manannakum
    @manannakum 3 місяці тому

    yes, sir this charts are are amazing 😃😃, we want more such charts in upcoming vidoes

  • @nikitarai3223
    @nikitarai3223 10 днів тому

    Thank you so much sir for these chart notes ❤

  • @IndraDhar-wg2du
    @IndraDhar-wg2du 5 місяців тому +1

    Sir , you have made this chapter very easy

  • @prmotive22
    @prmotive22 4 місяці тому +2

    itc chapter in a most simplest manner ever)

  • @ankitasainii
    @ankitasainii 4 місяці тому +2

    1:05:52 imp ques point

  • @simranchourasia
    @simranchourasia 2 місяці тому

    The charts are exceptionally good sir.. thank you so much.. i wish you could teach CMA too❣

  • @meghapatelvlogs
    @meghapatelvlogs 4 місяці тому +1

    you are amazing sir.

  • @komalca1811
    @komalca1811 3 місяці тому

    Your presentation is really good sir and also your way of teaching

  • @santaacharya5732
    @santaacharya5732 3 місяці тому

    Yes Sir, this charts are very well and amazing. We want this kinds of charts for other chapters also.

  • @ayushgupta2273
    @ayushgupta2273 4 місяці тому +1

    Thank you so much bhaiya. These charts are really helpful and amazing to recall provisions ❤

  • @yashtanna3837
    @yashtanna3837 3 місяці тому

    Charts are really helpful for last day revision👍

  • @prettystranger273
    @prettystranger273 4 місяці тому +1

    Thank you for providing free revision lectures along with notes. really helpful and appreciated. keep going !

  • @MahirPujari
    @MahirPujari 2 місяці тому +1

    Maza aagya sirjiii!!!!!!!!!!

  • @IshaSoni2005
    @IshaSoni2005 2 місяці тому +1

    Thank you so much sir 😊😊

  • @MrParth-po3bk
    @MrParth-po3bk 2 місяці тому

    Much good charts and style to teach

  • @desividesibanda
    @desividesibanda Місяць тому

    Thank you so much sir for all your efforts

  • @Bilal-it8ue
    @Bilal-it8ue 4 місяці тому +1

    Amazing charts ❤️

  • @pannalallohar9741
    @pannalallohar9741 4 місяці тому +1

    Very very grate work sir🎉

  • @riyasinha9230
    @riyasinha9230 4 місяці тому +1

    Sir the chart was very helpful .do make more charts :)

  • @pulkitsethi14
    @pulkitsethi14 3 місяці тому

    You're the best ♥️✨
    These charts are really very helpful for last day revision🙌💯

  • @user-ci2lm4bd2z
    @user-ci2lm4bd2z 4 місяці тому +1

    Very helpful sir, thank you so much ❤

  • @DAMB72
    @DAMB72 3 місяці тому +1

    Ek dum mast ❤❤

  • @wk1322
    @wk1322 3 місяці тому

    Thank you for the free notes sir. Very helpful before exams.

  • @916ayushiyadav3
    @916ayushiyadav3 Місяць тому

    The chartss are great sir🙌🙌 Thanks a lott🙌

  • @tanvithakkar9389
    @tanvithakkar9389 4 місяці тому +1

    Chats are amazing nishu bhaiyaaa ❤️🧿🔥💯🥳

  • @jhilmilsharma7416
    @jhilmilsharma7416 2 місяці тому

    sir these charts are amazing it helps me to retain all content very well

  • @vasujain3634
    @vasujain3634 3 місяці тому

    bhdiyaaaaa haiii sirjiii|| kl l paper mai bhooth kaam aane waale hai

  • @Vajpayi136
    @Vajpayi136 4 місяці тому

    Thank you so much for the charts sir....ITC jese bade bade chapter bhi jaldi jaldi revise ho rhe hai....These are just AMAZING ❤❤

  • @typical__ff9539
    @typical__ff9539 12 днів тому +1

    Tooo awesome sir❤

  • @nidhisahu9288
    @nidhisahu9288 4 місяці тому +1

    chats are really outstanding sir🤯🙇

  • @user-kt2or1sc9j
    @user-kt2or1sc9j 4 місяці тому

    I really appreciate your effort sir. Thank you for these colourful charts. I really helping us a lot. 🥰😊

  • @yashsukhwal4628
    @yashsukhwal4628 4 місяці тому +1

    YOUR CHARTS ARE AS GOOD AS THAT TASTY CHAAT WE EAT ON STREETSS

  • @blacksugar8743
    @blacksugar8743 2 місяці тому

    sir the charts look amazing!!👍👍

  • @user-kj8qf4ws1o
    @user-kj8qf4ws1o 4 місяці тому

    Sir bahut bahut bahut acha charts hai bahut easy way me hai please aise hi humesha banana ❤❤❤ thank you sir 🙏🏻🙏🏻🙏🏻🙏🏻