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<h1>Input Tax Credit Claim Rules Under Punjab GST Act 2017: Conditions, Disallowances, and Time Limits Explained</h1> Under the Punjab Goods and Services Tax Act, 2017, registered persons can claim input tax credit for goods and services used in business, credited to their electronic ledger, subject to certain conditions. These include possession of a tax invoice or equivalent document, receipt of goods or services, payment of tax to the government, and filing of returns. Credit is disallowed if depreciation is claimed on the tax component under the Income-tax Act. Input tax credit cannot be claimed after the due date for the September return following the financial year of the invoice or the annual return, whichever is earlier.