ITC stands for Input Tax Credit
GST stands for Goods and Services Tax
ekvij provides online exam in itc in gst for preparation of CA, CS, CMA and GSR Practitioner exams.
Online Quiz 1 in Input Tax Credit
Online Quiz 2 in Input Tax Credit
Online Mock Test 1 in Input Tax Credit and Its Utilization
Online Mock Test 2 in Input Tax Credit and Its Utilization
Online Mock Test 3 in Input Tax Credit and Its Utilization
Online Mock Test 4 in Input Tax Credit and Its Utilization
Input Tax Credit is one of the key features of Goods and Services Tax.
Input credit means at the time of paying tax on output, you can reduce the tax you have already paid on inputs.
Say, you are a manufacturer –
tax payable on output (FINAL PRODUCT) is Rs 4500
tax paid on input (PURCHASES) is Rs 3000
You can claim INPUT CREDIT of Rs 3000 and you only need to deposit Rs 1500 in taxes.
Definitions of GST
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Composition Levy
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Tax Invoice and E-Way Bill
Mock Test in Tax Invoice and E-Way Bill
Exemption from GST
GST Council doubled the limit for exemption from payment of GST to Rs 40 lakh and announced that the higher turnover cap of Rs 1.5 crore for availing composition scheme of paying 1 per cent tax will be effective from April 1.
Mock Test 1 In Exemption from GSTÂ
Mock Test 2 In Exemption from GSTÂ
Mock Test 3 In Exemption from GSTÂ
Levy and Collection
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Location of Supplier and Place of Supply of GST
Mock Test 1 in Location of Supplier and Place of Supply of GST
Mock Test 2 in Location of Supplier and Place of Supply of GST
Mock Test 3 in Location of Supplier and Place of Supply of GST
Payment of Tax
Online Mock Test in Payment of Tax
Registration of GST
Online Mock Test 1 in Registration of GSTÂ
Online Mock Test 2 in Registration of GSTÂ
Online Mock Test 3 in Registration of GSTÂ
Online Mock Test 4 in Registration of GSTÂ
Returns of GST
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Online mock Test 2 in Returns of GSTÂ
Supply under GST
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Online Mock test 2 in Supply under GST
Online Mock test 3 in Supply under GST
Tax Invoice
Time of Supply
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Value of Supply
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Online Mock Test 2 in Value of Supply
Online Mock Test 3 in Value of Supply
Advance Ruling
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Online Mock test 2 in Advance Ruling
Assessment
Basics of GST
Composition Scheme
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Concept of Supply
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Demands and Recovery
Online Mock Test 1 in Demands and Recovery
Online Mock Test 2 in Demands and Recovery
Exemption from GST
Online Mock Test 1 in Exemption from GST
Online Mock Test 2 in Exemption from GST
Online Mock Test 3 in Exemption from GST
Input Tax Credit
Online Quiz 1 in Input Tax Credit
Online Quiz 2 in Input Tax Credit
Levy of GST
Online Mock test 1 in Levy of GST
Online Mock test 2 in Levy of GST
Liability to Pay in Certain Cases
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Payment of Tax
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Place of Supply
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Refunds
Online Mock Test 1 in Refunds
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GST Registration
In the GST Regime, businesses whose turnover exceeds Rs. 40 lakhs* (Rs 10 lakhs for NE and hill states) is required to register as a normal taxable person. This process of registration is called GST registration.
Click here  GST Registration online
Online Mock Test 1 in Registration
Online Mock Test 2 in Registration
Returns
Reverse Charge
Online Exam in Reverse Charge
Tax Invoice
Time of Supply
Online exam in Time of Supply
