Input tax credit availability: credit for stock and capital goods adjusted on registration, status change, or transfer. Input tax credit is available for inputs and inputs in stock immediately preceding registration or liability, and for stock and capital goods immediately before a change from exempt or composition status, subject to prescribed percentage reductions on capital goods. Claims must be within one year of the invoice date. Unutilised electronic credit may be transferred on change of business constitution in prescribed manner. Where a person opts for composition or supplies become exempt, an amount equal to eligible credit on stock and capital goods, reduced as prescribed, must be paid by debit to electronic ledgers and remaining credit lapses. Calculation and adjustments for capital goods and supplies are to be prescribed.