https://www.taxtmi.com/article/detailed?id=8008 ITC under GST is available to a registered person only where input tax relates to goods or services used or intended for business, the recipient holds prescribed tax invoices or debit notes and has received the supplies, the tax on such supplies has been actually paid to the government (or utilizable as admissible ITC), and the recipient has filed the required returns; special rules apply to installments, reversal where payment to supplier is not made within the prescribed period, capital goods and depreciation, and a statutory time limit for claiming credit in the relevant annual return period. en-us Sat, 19 May 2018 07:53:07 +0530 Sat, 19 May 2018 07:53:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=8008 ITC under GST is available to a registered person only where input tax relates to goods or services used or intended for business, the recipient holds prescribed tax invoices or debit notes and has received the supplies, the tax on such supplies has been actually paid to the government (or utilizable as admissible ITC), and the recipient has filed the required returns; special rules apply to installments, reversal where payment to supplier is not made within the prescribed period, capital goods and depreciation, and a statutory time limit for claiming credit in the relevant annual return period. Articles Goods and Services Tax - GST Sat, 19 May 2018 07:53:07 +0530 https://www.taxtmi.com/article/detailed?id=8008