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<h1>Input Tax Credit entitlement for former composition taxpayers covers stock and capital goods from the day before scheme cessation.</h1> A taxpayer exiting the composition scheme may claim input tax credit for inputs held in stock, inputs contained in semi finished or finished goods held in stock, and on capital goods reduced by prescribed percentage points, measured as of the day immediately preceding the date from which the composition scheme ceases to apply; the rules will prescribe the manner of calculation of eligible credit.