Where goods (including capital goods) belonging to the principal are lying with the agents on the appointed day, will the agent be able to take ITC on the same

Where goods (including capital goods) belonging to the principal are lying with the agents on the appointed day, will the agent be able to take ITC on the same https://www.taxtmi.com/acts?id=22526 An agent holding a principal's goods on the appointed day may claim Input Tax Credit only if the agent is registered, both parties declare the stock as at the day before the appointed day, invoices were issued within the prescribed pre-appointed-day period, and the principal has reversed or not availed of the credit. en-us Thu, 22 Sep 2016 18:18:02 +0530 Thu, 22 Sep 2016 18:18:02 +0530 TaxTMI RSS Generator Where goods (including capital goods) belonging to the principal are lying with the agents on the appointed day, will the agent be able to take ITC on the same https://www.taxtmi.com/acts?id=22526 An agent holding a principal's goods on the appointed day may claim Input Tax Credit only if the agent is registered, both parties declare the stock as at the day before the appointed day, invoices were issued within the prescribed pre-appointed-day period, and the principal has reversed or not availed of the credit. Act-Rules Bills Thu, 22 Sep 2016 18:18:02 +0530 https://www.taxtmi.com/acts?id=22526