Input tax credit on capital goods with agents allowed, subject to registration, mutual declaration, invoice age and principal's credit reversal. 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.