https://www.taxtmi.com/article/detailed?id=10890 The marginal scheme disallows input tax credit on the purchase of second hand goods where credit was not earlier taken, but does not prohibit claiming input tax credit on input services or capital goods; such credits are claimable subject to the eligibility conditions of Section 16 and the attendant rules governing apportionment, documentary requirements, reversals and distribution of credit. en-us Wed, 21 Dec 2022 14:41:27 +0530 Wed, 21 Dec 2022 14:41:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=10890 The marginal scheme disallows input tax credit on the purchase of second hand goods where credit was not earlier taken, but does not prohibit claiming input tax credit on input services or capital goods; such credits are claimable subject to the eligibility conditions of Section 16 and the attendant rules governing apportionment, documentary requirements, reversals and distribution of credit. Articles Goods and Services Tax - GST Wed, 21 Dec 2022 14:41:27 +0530 https://www.taxtmi.com/article/detailed?id=10890