https://www.taxtmi.com/manuals?id=1787 Input Tax Credit (ITC) is the credit of central, State, integrated or Union territory tax on supplies received by a registered person, claimable where inputs, input services or capital goods are used in the course or furtherance of business, subject to possession of prescribed documents, receipt of goods/services, supplier's payment of tax, and filing of returns. Statutory exclusions apply to specified items and uses; special rules govern staged receipts, job-worker consignments, new registrations, migration from composition, capital goods adjustments, apportionment between taxable/exempt uses, utilisation order of electronic credit ledger, and transfer of ITC on business restructurings. en-us Mon, 07 Jan 2019 17:10:00 +0530 Tue, 08 Jan 2019 17:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1787 Input Tax Credit (ITC) is the credit of central, State, integrated or Union territory tax on supplies received by a registered person, claimable where inputs, input services or capital goods are used in the course or furtherance of business, subject to possession of prescribed documents, receipt of goods/services, supplier's payment of tax, and filing of returns. Statutory exclusions apply to specified items and uses; special rules govern staged receipts, job-worker consignments, new registrations, migration from composition, capital goods adjustments, apportionment between taxable/exempt uses, utilisation order of electronic credit ledger, and transfer of ITC on business restructurings. Manuals GST Mon, 07 Jan 2019 17:10:00 +0530 https://www.taxtmi.com/manuals?id=1787