ITC on Capital Goods under GST — Rules, Restrictions, and Common Mistakes
How input tax credit on capital goods works under GST, when it must be reversed, and the operational mistakes that lead to demand notices.
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Chartered Accountants — Established 1961
A Chartered Accountancy firm established in 1961 — providing professional services in audit, taxation, and advisory across three cities.
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Expert analysis on regulatory changes, tax updates, and business insights.
How input tax credit on capital goods works under GST, when it must be reversed, and the operational mistakes that lead to demand notices.
The framework, the Supreme Court's clarification in Engineering Analysis, and the practical workflow for paying foreign cloud and SaaS subscriptions.
The Finance (No. 2) Act 2024 and Finance Act 2025 together reshape the TDS framework. A walkthrough of the changes deductors need to operationalise.
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