https://www.taxtmi.com/forum/issue?id=112144 Claiming input tax credit on imported goods in stock on the appointed day is allowed if the goods are used or intended for taxable supplies, the person is eligible under the Act, and the taxpayer possesses invoices or prescribed documents evidencing duty payment issued within twelve months immediately preceding the appointed day. If invoices are absent for certain categories of registered persons, credit may be permitted subject to prescribed conditions, limitations and safeguards, including mechanisms for passing on benefit and specified rates and manners of credit. en-us Fri, 23 Jun 2017 17:10:56 +0530 Thu, 23 Jan 2025 15:55:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=112144 Claiming input tax credit on imported goods in stock on the appointed day is allowed if the goods are used or intended for taxable supplies, the person is eligible under the Act, and the taxpayer possesses invoices or prescribed documents evidencing duty payment issued within twelve months immediately preceding the appointed day. If invoices are absent for certain categories of registered persons, credit may be permitted subject to prescribed conditions, limitations and safeguards, including mechanisms for passing on benefit and specified rates and manners of credit. Discussion-Forum GST Fri, 23 Jun 2017 17:10:56 +0530 https://www.taxtmi.com/forum/issue?id=112144