https://www.taxtmi.com/acts?id=29596 Section 18 permits input tax credit for inputs and inputs in stock on the day before registration or liability, and for persons leaving composition or when exempt supplies become taxable, subject to prescribed percentage reductions on capital goods and a one year invoice time bar; unutilised electronic credit may transfer on specified business changes; persons opting into composition or becoming wholly exempt must pay debited amounts equal to attributable credit reduced as prescribed, and supplies of capital goods require repayment equal to the higher of residual credited amount after reduction or tax on transaction value. en-us Tue, 04 Jul 2017 18:29:59 +0530 Mon, 14 Aug 2017 14:35:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=29596 Section 18 permits input tax credit for inputs and inputs in stock on the day before registration or liability, and for persons leaving composition or when exempt supplies become taxable, subject to prescribed percentage reductions on capital goods and a one year invoice time bar; unutilised electronic credit may transfer on specified business changes; persons opting into composition or becoming wholly exempt must pay debited amounts equal to attributable credit reduced as prescribed, and supplies of capital goods require repayment equal to the higher of residual credited amount after reduction or tax on transaction value. Act-Rules GST - States Tue, 04 Jul 2017 18:29:59 +0530 https://www.taxtmi.com/acts?id=29596