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>Understand Input Tax Credit Rules: Conditions, Installment Receipts, Supplier Payments, and Depreciation Limits under Telangana GST Act 2017.</h1> Every registered person under the Telangana Goods and Services Tax Act, 2017, can claim input tax credit for goods or services used in 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 filing of returns. Credit is allowed upon receipt of the last lot if goods are received in installments. Failure to pay the supplier within 180 days adds the credit availed to output tax liability. Credit is disallowed if depreciation is claimed on the tax component of capital goods. Credit cannot be claimed after the due date for September returns following the financial year.
TaxTMI 
TaxTMI 
