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of <h1>Understanding Section 18 of the Gujarat GST Act: Conditions for Claiming Input Tax Credit in Special Circumstances</h1> Section 18 of the Gujarat Goods and Services Tax Act, 2017, outlines the conditions under which input tax credit (ITC) is available in special circumstances. It allows registered persons to claim ITC on stock and capital goods when they register within 30 days of becoming liable, cease paying tax under specific sections, or when exempt supplies become taxable. ITC cannot be claimed after one year from the invoice date. Changes in business structure allow ITC transfer, while opting for composition schemes or exemptions requires ITC repayment. The credit and repayment amounts are calculated as prescribed, with specific provisions for capital goods transactions.
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