TaxTMI 
TaxTMI 
What is provisional Input Credit under GST. For what period it's available and conditions for availing the same.
Provisional Input Credit
23 May 2017 
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Provisional input credit may be recognised pending fulfilment of a vendor payment condition, converting to final credit upon compliance.
Provisional input tax credit is recognised on an interim basis where entitlement depends on a subsequent time-linked payment to the supplier; the credit remains provisional until the vendor payment condition is satisfied and thereafter subject to statutory verification under GST compliance. (AI Summary)
Provisional input tax credit is recognised on an interim basis where entitlement depends on a subsequent time-linked payment to the supplier; the credit remains provisional until the vendor payment condition is satisfied and thereafter subject to statutory verification under GST compliance. (AI Summary)