Timestamps (Powered by Merlin AI) 00:04 - Understanding Input Tax Credit under GST. 01:00 - Conditions to book Input Tax Credit (ITC) in GST. 02:46 - Understanding ITC eligibility criteria for GST claims. 03:30 - ITC can only be claimed after receiving goods or services. 04:59 - ITC claims depend on government compliance with GST payments. 05:48 - ITC claims depend on timely GST filings. 07:19 - Understanding ITC conditions under GST for suppliers. 08:08 - ITC must be booked correctly and paid within 180 days. 09:41 - ITC considerations for specified supplies without payment. 10:28 - Conditions for availing ITC under GST regulations. 12:01 - Understanding Non-Exempt Supplies and ITC Eligibility 12:56 - Understand the importance of ITC booking deadlines for GST. 14:36 - ITC impacts income tax depreciation based on GST treatment of capital goods. 15:25 - Impact of ITC on depreciation claims in GST. 16:56 - Understanding ITC conditions related to fraud intent. 17:36 - Understanding the implications of not paying output GST on services received. 18:55 - ITC eligibility depends on meeting key conditions. 19:34 - Key conditions for claiming ITC under GST Section 16. 21:23 - Understanding ITC limitations and payment deadlines for GST claims. 22:11 - ITC reversal applies after 181 days if payment is not made. 23:58 - Understanding GST implications on aircraft maintenance and personalized services. 24:53 - ITC eligibility depends on satisfying specific conditions under GST. 26:58 - ITC eligibility based on DTC and STD classifications. 27:58 - ITC on cars and aircrafts clarified for GST purposes. 29:44 - ITC on services related to ships and motor vehicles explained. 30:31 - ITC eligibility for car manufacturers on related activities. 32:06 - Understanding ITC related to personalized services for directors and shareholders. 32:53 - ITC not available for personal services and memberships. 34:26 - ITC availability is crucial for B2B transactions under GST. 35:12 - ITC eligibility depends on the nature of services received by companies. 36:38 - Understanding ITC claims related to capital goods and construction services. 37:24 - ITC is available for construction services and related materials. 38:43 - Understanding ITC provisions for non-resident taxable persons in India. 39:25 - Understanding ITC eligibility related to GST liability and supply. 40:44 - ITC eligibility for business vs non-business supplies explained. 41:41 - Understanding ITC application and proportional reversal under GST. 44:09 - Understanding ITC limitations on stocks over one year old. 45:09 - ITC eligibility depends on timely registration within 30 days. 46:48 - ITC eligibility criteria for capital goods discussed briefly. 47:37 - ITC eligibility explained after registration phases. 49:14 - Understanding ITC eligibility for remaining life in GST. 50:05 - Understanding registration implications in GST compliance. 51:28 - Understanding ITC transfer during business sale. 52:03 - Discussion on ITC reversal under GST provisions. 53:36 - Understanding ITC under 60-month concept in GST. 54:24 - Understanding ITC calculation and reversal in GST for capital goods. 55:56 - Understanding GST treatment for specific consumption cases in manufacturing. 56:45 - Understanding ITC claims in pre-registration scenarios. 58:23 - Understanding ITC Reversal in Composition Scheme Transitions 59:04 - Understanding ITC calculations and warranty amendments in GST. 1:00:27 - ITC is assured despite GST concerns on free replacements.
Some language used like GST keh ke lunga ... Chaiye he chaiye some similar sometimes these words show teacher internal perspective towards others baaki toh tum samjhdar ho...
But remember language jissi bhi ho concept clearity bahut aachi hai thodi bahut language chalti hai sabka apna apna think hamme toh concept clearity mtlb hone chahiye...
@@mooji7393 you are not a kid! It is okay if there is some fun in the class! I took his classes and i personally enjoyed it. Felt like there were 2 hours of good knowledge, fun and life lessons
Sir mtp or rtp bhi krva dena pls... And Thankyou soo much sir for these revision videos they are helping alot in revision
Timestamps (Powered by Merlin AI)
00:04 - Understanding Input Tax Credit under GST.
01:00 - Conditions to book Input Tax Credit (ITC) in GST.
02:46 - Understanding ITC eligibility criteria for GST claims.
03:30 - ITC can only be claimed after receiving goods or services.
04:59 - ITC claims depend on government compliance with GST payments.
05:48 - ITC claims depend on timely GST filings.
07:19 - Understanding ITC conditions under GST for suppliers.
08:08 - ITC must be booked correctly and paid within 180 days.
09:41 - ITC considerations for specified supplies without payment.
10:28 - Conditions for availing ITC under GST regulations.
12:01 - Understanding Non-Exempt Supplies and ITC Eligibility
12:56 - Understand the importance of ITC booking deadlines for GST.
14:36 - ITC impacts income tax depreciation based on GST treatment of capital goods.
15:25 - Impact of ITC on depreciation claims in GST.
16:56 - Understanding ITC conditions related to fraud intent.
17:36 - Understanding the implications of not paying output GST on services received.
18:55 - ITC eligibility depends on meeting key conditions.
19:34 - Key conditions for claiming ITC under GST Section 16.
21:23 - Understanding ITC limitations and payment deadlines for GST claims.
22:11 - ITC reversal applies after 181 days if payment is not made.
23:58 - Understanding GST implications on aircraft maintenance and personalized services.
24:53 - ITC eligibility depends on satisfying specific conditions under GST.
26:58 - ITC eligibility based on DTC and STD classifications.
27:58 - ITC on cars and aircrafts clarified for GST purposes.
29:44 - ITC on services related to ships and motor vehicles explained.
30:31 - ITC eligibility for car manufacturers on related activities.
32:06 - Understanding ITC related to personalized services for directors and shareholders.
32:53 - ITC not available for personal services and memberships.
34:26 - ITC availability is crucial for B2B transactions under GST.
35:12 - ITC eligibility depends on the nature of services received by companies.
36:38 - Understanding ITC claims related to capital goods and construction services.
37:24 - ITC is available for construction services and related materials.
38:43 - Understanding ITC provisions for non-resident taxable persons in India.
39:25 - Understanding ITC eligibility related to GST liability and supply.
40:44 - ITC eligibility for business vs non-business supplies explained.
41:41 - Understanding ITC application and proportional reversal under GST.
44:09 - Understanding ITC limitations on stocks over one year old.
45:09 - ITC eligibility depends on timely registration within 30 days.
46:48 - ITC eligibility criteria for capital goods discussed briefly.
47:37 - ITC eligibility explained after registration phases.
49:14 - Understanding ITC eligibility for remaining life in GST.
50:05 - Understanding registration implications in GST compliance.
51:28 - Understanding ITC transfer during business sale.
52:03 - Discussion on ITC reversal under GST provisions.
53:36 - Understanding ITC under 60-month concept in GST.
54:24 - Understanding ITC calculation and reversal in GST for capital goods.
55:56 - Understanding GST treatment for specific consumption cases in manufacturing.
56:45 - Understanding ITC claims in pre-registration scenarios.
58:23 - Understanding ITC Reversal in Composition Scheme Transitions
59:04 - Understanding ITC calculations and warranty amendments in GST.
1:00:27 - ITC is assured despite GST concerns on free replacements.
Sorry to say sir but jis shenshelta se revision karate ho ushi way mai regular class lo toh final mai aap se dubara mulakat hogi
Regular m achha nahi pdate?
Some language issue but overall good concept clearity top notch hai first take demos then proceed for any faculty
Some language used like GST keh ke lunga ...
Chaiye he chaiye some similar sometimes these words show teacher internal perspective towards others baaki toh tum samjhdar ho...
But remember language jissi bhi ho concept clearity bahut aachi hai thodi bahut language chalti hai sabka apna apna think hamme toh concept clearity mtlb hone chahiye...
@@mooji7393 you are not a kid! It is okay if there is some fun in the class! I took his classes and i personally enjoyed it. Felt like there were 2 hours of good knowledge, fun and life lessons
What a video 🎉❤
sir import ke case mein to bill of entry hoti hai na jiske base pe hum input claim krte hai
Sir majaa aagaya sir poora concept clear ho gaya ....
Ek dam mast padhayaa sir aapne katayi zehar👍👍🤟
Radhey Radhey Sir ji🙏🏼🙏🏼🙏🏼🙏🏼🙏🏼
sir itc or exemtion ka kuch top question kora do sir ..
30:32
35:50