https://www.taxtmi.com/forum/issue?id=111187 The revised Model GST provision permits input tax credit for inputs, semi finished and finished goods and capital goods exclusively used for an exempt activity where those supplies become taxable, limited to items held in stock immediately before the conversion date and subject to prescribed conditions; a separate rule disallows credit after one year from invoice issuance. en-us Thu, 01 Dec 2016 12:50:58 +0530 Thu, 23 Jan 2025 15:56:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=111187 The revised Model GST provision permits input tax credit for inputs, semi finished and finished goods and capital goods exclusively used for an exempt activity where those supplies become taxable, limited to items held in stock immediately before the conversion date and subject to prescribed conditions; a separate rule disallows credit after one year from invoice issuance. Discussion-Forum GST Thu, 01 Dec 2016 12:50:58 +0530 https://www.taxtmi.com/forum/issue?id=111187