What is the ITC entitlement of a person who has applied for registration under the Act within thirty days from the date on which he becomes liable to registration and has been granted such registration? (Section 16(2))

What is the ITC entitlement of a person who has applied for registration under the Act within thirty days from the date on which he becomes liable to registration and has been granted such registration? (Section 16(2)) https://www.taxtmi.com/acts?id=22350 A person who has applied for and been granted registration within the prescribed statutory period may claim input tax credit for inputs held in stock and inputs contained in semi finished or finished goods held in stock on the day immediately preceding the date from which he becomes liable to pay tax; such credit is not admissible if registration was not obtained within the statutory period. en-us Thu, 22 Sep 2016 16:46:32 +0530 Thu, 22 Sep 2016 16:46:32 +0530 TaxTMI RSS Generator What is the ITC entitlement of a person who has applied for registration under the Act within thirty days from the date on which he becomes liable to registration and has been granted such registration? (Section 16(2)) https://www.taxtmi.com/acts?id=22350 A person who has applied for and been granted registration within the prescribed statutory period may claim input tax credit for inputs held in stock and inputs contained in semi finished or finished goods held in stock on the day immediately preceding the date from which he becomes liable to pay tax; such credit is not admissible if registration was not obtained within the statutory period. Act-Rules Bills Thu, 22 Sep 2016 16:46:32 +0530 https://www.taxtmi.com/acts?id=22350