Eye Share: The Time Clock for availing ITC on Debit Note

The ITC provisions under GST can be very tricky. Authors Senguttuvan K (Managing Partner, SAPAA Law Firm) and Arasi Ponmalar (Associate Director), outline when an umbrella provision lets you avail the credit of the tax paid for the purchase of goods and services used in the course and in furtherance of business, unlike the pre-GST era, the compliance process has been very meticulously drafted.Highlighting that Section 16(4) restricts the Register...