https://www.taxtmi.com/article/detailed?id=9127 Input Tax Credit under GST allows a registered taxable person to claim credit for taxes paid on inward supplies of inputs, capital goods and services used in the course or furtherance of business, provided they hold required invoices or debit notes, goods/services have been received, payment to the supplier is made within the prescribed period, and the supplier has paid tax and uploaded invoice details. Certain categories are expressly eligible or ineligible; claims are self-assessed, reflected in the Electronic Credit Ledger, and matched to supplier-uploaded invoices in return filings. en-us Tue, 28 Apr 2020 06:19:22 +0530 Tue, 28 Apr 2020 06:19:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9127 Input Tax Credit under GST allows a registered taxable person to claim credit for taxes paid on inward supplies of inputs, capital goods and services used in the course or furtherance of business, provided they hold required invoices or debit notes, goods/services have been received, payment to the supplier is made within the prescribed period, and the supplier has paid tax and uploaded invoice details. Certain categories are expressly eligible or ineligible; claims are self-assessed, reflected in the Electronic Credit Ledger, and matched to supplier-uploaded invoices in return filings. Articles Goods and Services Tax - GST Tue, 28 Apr 2020 06:19:22 +0530 https://www.taxtmi.com/article/detailed?id=9127