https://www.taxtmi.com/article/detailed?id=8878 Input Tax Credit (ITC) is claimable by a registered person only when prescribed invoices are held, goods or services are received and used in business, supplier tax is paid and return filed, and payment to the supplier is made within a statutory period; ITC is subject to partial apportionment for mixed use and to full blocks for specified non business or excluded categories with narrowly defined exceptions, and a reconciliation regime with a capped provisional claim applies for invoices not appearing in supplier reported records. en-us Wed, 01 Jan 2020 13:57:04 +0530 Wed, 01 Jan 2020 13:57:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=8878 Input Tax Credit (ITC) is claimable by a registered person only when prescribed invoices are held, goods or services are received and used in business, supplier tax is paid and return filed, and payment to the supplier is made within a statutory period; ITC is subject to partial apportionment for mixed use and to full blocks for specified non business or excluded categories with narrowly defined exceptions, and a reconciliation regime with a capped provisional claim applies for invoices not appearing in supplier reported records. Articles Goods and Services Tax - GST Wed, 01 Jan 2020 13:57:04 +0530 https://www.taxtmi.com/article/detailed?id=8878