https://www.taxtmi.com/acts?id=24185 Reversal of input tax credit requires pro rata apportionment for inputs and inputs contained in stock using original invoices, or market valuation if invoices are unavailable, and pro rata computation for capital goods based on a five year useful life. Credits must be determined separately for integrated and central tax, included in output tax liability, reported in prescribed GST forms, and estimates certified by a practicing chartered or cost accountant. en-us Mon, 03 Apr 2017 13:08:35 +0530 Fri, 19 May 2017 14:47:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=24185 Reversal of input tax credit requires pro rata apportionment for inputs and inputs contained in stock using original invoices, or market valuation if invoices are unavailable, and pro rata computation for capital goods based on a five year useful life. Credits must be determined separately for integrated and central tax, included in output tax liability, reported in prescribed GST forms, and estimates certified by a practicing chartered or cost accountant. Act-Rules Bills Mon, 03 Apr 2017 13:08:35 +0530 https://www.taxtmi.com/acts?id=24185