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>Section 17 of Haryana GST Act: Input Tax Credit Rules, Exemptions, and Blocked Credits Explained</h1> Section 17 of the Haryana Goods and Services Tax Act, 2017, addresses the apportionment of input tax credit and blocked credits. It specifies that credit is limited to the portion used for business purposes or taxable supplies, including zero-rated supplies. Exempt supplies include reverse charge transactions, securities, and certain property sales. Financial institutions can opt for a 50% input tax credit monthly. Credits are blocked for specific items, such as motor vehicles, food services, club memberships, and construction of immovable property, except in defined circumstances. The government may prescribe credit attribution methods, excluding certain structures and equipment from 'plant and machinery.'
TaxTMI 
TaxTMI 
