https://www.taxtmi.com/forum/issue?id=115440 Rule 43(1)(f) defines Tr as the aggregate Tm of common capital goods whose useful life remains during the tax period and states Tr is the amount of input tax credit at the beginning of a tax period; "beginning of tax period" is construed as the opening ITC balance for the month or quarter (the previous period's closing ITC), so Tr reflects opening balances, not acquisitions during the same tax period. en-us Fri, 20 Sep 2019 09:55:08 +0530 Thu, 23 Jan 2025 15:54:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=115440 Rule 43(1)(f) defines Tr as the aggregate Tm of common capital goods whose useful life remains during the tax period and states Tr is the amount of input tax credit at the beginning of a tax period; "beginning of tax period" is construed as the opening ITC balance for the month or quarter (the previous period's closing ITC), so Tr reflects opening balances, not acquisitions during the same tax period. Discussion-Forum GST Fri, 20 Sep 2019 09:55:08 +0530 https://www.taxtmi.com/forum/issue?id=115440