CA Inter GST Revision | Section 18 ITC in Special Circumstances| Input Tax Credit | CA Karan Satija

Welcome back to the CA Inter GST Revision Series — where every important topic is revised in under 10 minutes! In this video, we cover Input Tax Credit in Special Circumstances under Section 18 of GST — a practical, problem-based topic that regularly appears in the CA Inter exam. Unlike normal ITC under Section 16, Section 18 deals with ITC when your business STATUS changes — new registration, exit from composition scheme, exempt supplies becoming taxable, and transfer of business. Students often skip this section, which makes it an easy scoring area if you revise it well. In this quick revision you will understand: - When and why Section 18 applies — the four special situations - ITC on stock when a person takes new or voluntary registration - ITC when shifting from Composition Scheme to regular scheme - ITC when exempt supplies become taxable - Reversal of ITC and the 5% per quarter rule on capital goods - Transfer of ITC on sale, merger or transfer of business (Form ITC-02) - Time limits, Form ITC-01 and common exam traps to avoid This series is designed for CA Inter students appearing in the Sept 2026 and Jan 2027 attempts who want fast, exam-focused revision without wasting time. One topic. Ten minutes. Complete clarity. If this helped you revise faster: 👍 LIKE the video 💬 COMMENT "REVISION" and I will share the complete Revision Series playlist link with you 🔔 SUBSCRIBE so you never miss a topic Let's revise smart and score high! #CAInter #GST #InputTaxCredit #Section18 #CAKaranSatija Contact Us: ☎ 𝐒𝐚𝐥𝐞𝐬: | | | | | Follow Us On: ✅ Instagram: ✅ Telegram: #CAInter #GST #InputTaxCredit #Section18 #ITC #CAInterGST #GSTRevision #CAKaranSatija #RevisionSeries #CAInterRevision