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<h1>Input tax credit on capital goods with agents allowed, subject to registration, mutual declaration, invoice age and principal's credit reversal.</h1> Agents may claim input tax credit on capital goods belonging to the principal and lying with the agent on the appointed day, subject to conditions: agent registration, mutual declaration of stock in prescribed form/time, invoices issued within twelve months immediately preceding the appointed day, and the principal having not availed or having reversed any input tax credit to the extent availed.