https://www.taxtmi.com/caselaws?id=417591 The AAAR Gujarat ruled that a taxpayer can utilize legitimately earned Input Tax Credit (ITC) from their Electronic Credit Ledger to pay GST on any outward supply, even without direct nexus between the inputs and outputs. The authority held that Section 16(1) of CGST Act establishes eligibility conditions for taking ITC but imposes no restrictions on its utilization. The provision requires only that inward supplies be used in the course or furtherance of business, not one-to-one correlation between specific inputs and outputs. The appeal was filed within the prescribed 30-day time limit. en-us Wed, 22 Dec 2021 00:00:00 +0530 Tue, 01 Apr 2025 09:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=417591 The AAAR Gujarat ruled that a taxpayer can utilize legitimately earned Input Tax Credit (ITC) from their Electronic Credit Ledger to pay GST on any outward supply, even without direct nexus between the inputs and outputs. The authority held that Section 16(1) of CGST Act establishes eligibility conditions for taking ITC but imposes no restrictions on its utilization. The provision requires only that inward supplies be used in the course or furtherance of business, not one-to-one correlation between specific inputs and outputs. The appeal was filed within the prescribed 30-day time limit. Case-Laws GST Wed, 22 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=417591