TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Registered Persons Can Claim Input Tax Credit Under CGST Act 2017; Conditions and Deadlines Apply</h1> Under the Central Goods and Services Tax Act, 2017, registered persons are eligible for input tax credit on goods or services used for business, credited to their electronic ledger. Conditions include possession of a tax invoice, receipt of goods or services, payment of tax to the government, and submission of returns. Input tax credit is disallowed if depreciation is claimed on the tax component of capital goods. Credit must be claimed by November 30 following the financial year of the invoice or before the annual return, whichever is earlier. Special provisions apply for registration cancellations and subsequent revocations.
TaxTMI 
TaxTMI 
