Sowmya

Published on 22 Nov 2025

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Basic Concepts & Definitions Related to ITC (Section 2)

Understand key GST definitions for Input Tax Credit (ITC) under Section 2 of the CGST Act. Learn concepts like inputs, input services, capital goods.

Sowmya

Published on 22 Nov 2025

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Introduction to Input Tax Credit (ITC) Under GST Explained

Learn the basics of Input Tax Credit (ITC) under GST with examples. Understand meaning, eligibility, benefits, and how ITC prevents tax cascading.

Sowmya

Updated on 22 Nov 2025

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GST Valuation for Exchange Rates & Tax-Inclusive Prices

Understand GST valuation under Rule 34 and Rule 35 for foreign currency exchange and tax-inclusive pricing. Learn RBI/Customs rates and backward GST.

Sowmya

Published on 21 Nov 2025

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Valuation for Second-Hand Goods & Vouchers Under GST

Learn GST valuation under Rule 32(5) and 32(6) for second-hand goods dealers and vouchers. Understand margin scheme, SPV/MPV rules and practical examples.

Sowmya

Published on 21 Nov 2025

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GST Valuation Rule 32: Forex, Travel Agents & Insurance

Understand GST Rule 32 valuation for foreign currency exchange, air travel agents and life insurance services with simple explanations and example.