International Journal For Multidisciplinary Research

E-ISSN: 2582-2160   •   Impact Factor: 9.24

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Volume 8 Issue 4
July-August 2026

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Challenges and Utilization of Input Tax Credit (ITC) among Timber Dealers in Karnataka

Author(s) Ms Ashwini N.S, Prof. Dr. M Kumaraswamy
Country India
Abstract This study examines the utilization patterns of Input Tax Credit (ITC) under the Goods and Services Tax (GST) framework among timber dealers in Karnataka and identifies the operational and administrative challenges encountered during ITC claims. The study is based on secondary data collected from official publications of the Central Board of Indirect Taxes and Customs (CBIC), GST Council reports, Goods and Services Tax Network (GSTN) statistical releases, publications of the Department of Commercial Taxes, Government of Karnataka, and relevant peer-reviewed academic literature. A descriptive and comparative analytical framework has been adopted, combining qualitative evaluation of statutory GST provisions with quantitative trend analysis of GST collections, GSTR-3B return filing compliance, and ITC-related data across financial years. The findings indicate that although ITC effectively reduces the cascading effect of taxation on timber procurement, warehousing, and processing activities, timber dealers continue to face significant working capital constraints due to strict invoice matching requirements between GSTR-2B and GSTR-3B, supplier non-compliance, blocked credits under Section 17(5), and technical issues related to the GST portal. The study concludes that targeted administrative reforms, improved digital literacy, and simplified reconciliation mechanisms are necessary to enhance the effective utilization of ITC and strengthen GST compliance in the timber sector of Karnataka.
Keywords Goods and Services Tax , Input Tax Credit , Timber Dealers, Tax Utilization
Field Business Administration
Published In Volume 8, Issue 4, July-August 2026
Published On 2026-07-29
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E-ISSN 2582-2160
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CrossRef DOI prefix of IJFMR is 10.36948/ijfmr

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