A person becomes liable to pay tax on 1st August, 2017 and has obtained registration on 15th August, 2017. Such person is eligible for input tax credit on inputs held in stock as on ……. https://www.taxtmi.com/acts?id=22351 Eligibility for input tax credit on inputs held in stock is governed by a prescribed cut-off date; for a person liable on 1 August 2017 and registered on 15 August 2017, the cut-off for claiming credit on inputs held in stock is 31 July 2017, so only inventory as on that pre-registration date qualifies. en-us Thu, 22 Sep 2016 16:47:03 +0530 Thu, 22 Sep 2016 16:47:03 +0530 TaxTMI RSS Generator A person becomes liable to pay tax on 1st August, 2017 and has obtained registration on 15th August, 2017. Such person is eligible for input tax credit on inputs held in stock as on ……. https://www.taxtmi.com/acts?id=22351 Eligibility for input tax credit on inputs held in stock is governed by a prescribed cut-off date; for a person liable on 1 August 2017 and registered on 15 August 2017, the cut-off for claiming credit on inputs held in stock is 31 July 2017, so only inventory as on that pre-registration date qualifies. Act-Rules Bills Thu, 22 Sep 2016 16:47:03 +0530 https://www.taxtmi.com/acts?id=22351