Ch 2 · GST — Input Tax Credit (Advanced)

⭐ Important points (exam-critical)

• ⭐GSTR-2B auto-populated — Sec 16(2)(aa) requires reflection here for ITC.
• ⭐180-day non-payment to supplier triggers ITC reversal with interest; re-avail on payment.
• ⭐Sec 17(5) blocked: works contract for immovable property (except plant & machinery).
• ⭐ISD distinguished from cross-charge — ISD only for common input services.