Input Tax Credit Claim Allowed via Book Adjustment Under GST Act, No Six-Month Payment Restriction.

Input Tax Credit Claim Allowed via Book Adjustment Under GST Act, No Six-Month Payment Restriction. https://www.taxtmi.com/highlights?id=46411 Input tax credit - Restriction u/s 16(2) where consideration is not paid within 6 months - consideration for inward supplies paid through book adjustment - The GST Act and rules does not restrict the recipient from claiming the input tax credit when consideration is paid through book adjustment - credit duly allowable en-us Fri, 10 May 2019 08:04:58 +0530 Fri, 10 May 2019 08:04:22 +0530 TaxTMI RSS Generator Input Tax Credit Claim Allowed via Book Adjustment Under GST Act, No Six-Month Payment Restriction. https://www.taxtmi.com/highlights?id=46411 Input tax credit - Restriction u/s 16(2) where consideration is not paid within 6 months - consideration for inward supplies paid through book adjustment - The GST Act and rules does not restrict the recipient from claiming the input tax credit when consideration is paid through book adjustment - credit duly allowable Highlights GST Fri, 10 May 2019 08:04:58 +0530 https://www.taxtmi.com/highlights?id=46411