GST ITC Reversal Explained | Section 18(4) & Rule 44 | Govt FAQ on Exempted Goods & Services.

Confused about ITC reversal after GST rate changes? In this video, we break down Section 18(4) of CGST Act and Rule 44, explaining how businesses must reverse Input Tax Credit (ITC) when goods and services become exempt after a GST rate change. Based on the latest FAQs issued by the GST Council/Govt, this research-based video gives you: When ITC reversal is required Formula & calculation under Rule 44 Practical examples for businesses Common mistakes & compliance tips This video is a must-watch for tax consultants, accountants, CA students, GST practitioners, and business owners who want clarity on ITC reversal rules.    • GST Composition Scheme Simplified – Compar...