ITC Eligibility Simplified — Section 16 (A Founder-Friendly Guide)
Why ITC Matters More Than Ever Input Tax Credit (ITC) is one of the most valuable benefits under GST—but it’s also the biggest source of tax notices today. The harsh reality: Over 70% of GST notices relate to ITC issues—incorrect claims, GSTR-2B mismatches, vendor non-compliance, or procedural lapses under Section 16. For founders, understanding ITC […]
