Input tax credit restriction excludes credits for goods or services used for personal consumption under GST. Input tax credit under GST is denied where supplies are consumed for private use: the statute disallows input tax credit in respect of goods or services or both that are used for personal consumption, creating a specific exclusion from the general entitlement to credit and treating such consumption as a blocked category.
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Provisions expressly mentioned in the judgment/order text.
Input tax credit restriction excludes credits for goods or services used for personal consumption under GST.
Input tax credit under GST is denied where supplies are consumed for private use: the statute disallows input tax credit in respect of goods or services or both that are used for personal consumption, creating a specific exclusion from the general entitlement to credit and treating such consumption as a blocked category.
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