https://www.taxtmi.com/article/detailed?id=6894 The note defines input tax as IGST, CGST or SGST charged on supplies to a taxable person used or intended for business, including tax paid under reverse charge; input tax credit is the business credit of that input tax; and output tax is the IGST chargeable on taxable supplies by the taxable person or agent, excluding reverse charge liabilities, with contrasts to parallel model provisions and existing credit regimes. en-us Mon, 11 Jul 2016 13:53:11 +0530 Mon, 11 Jul 2016 13:53:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6894 The note defines input tax as IGST, CGST or SGST charged on supplies to a taxable person used or intended for business, including tax paid under reverse charge; input tax credit is the business credit of that input tax; and output tax is the IGST chargeable on taxable supplies by the taxable person or agent, excluding reverse charge liabilities, with contrasts to parallel model provisions and existing credit regimes. Articles Goods and Services Tax - GST Mon, 11 Jul 2016 13:53:11 +0530 https://www.taxtmi.com/article/detailed?id=6894