https://www.taxtmi.com/manuals?id=2636 Entitlement to input tax credit is available to registered persons using supplies in the course of business, subject to possession of a tax invoice or debit note, receipt of goods or services, actual payment of the tax to the Government (in cash or via admissible credit), filing the prescribed return, exclusion where depreciation was claimed on the tax component of capital goods, and a time limit for claiming credit. Eligible input tax may be self assessed in the return and credited to the electronic credit ledger, but credit must be reversed with interest where the supplier has not paid the tax; re availment is possible if the supplier later pays. en-us Mon, 01 May 2023 17:10:00 +0530 Tue, 12 Nov 2024 18:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=2636 Entitlement to input tax credit is available to registered persons using supplies in the course of business, subject to possession of a tax invoice or debit note, receipt of goods or services, actual payment of the tax to the Government (in cash or via admissible credit), filing the prescribed return, exclusion where depreciation was claimed on the tax component of capital goods, and a time limit for claiming credit. Eligible input tax may be self assessed in the return and credited to the electronic credit ledger, but credit must be reversed with interest where the supplier has not paid the tax; re availment is possible if the supplier later pays. Manuals GST Mon, 01 May 2023 17:10:00 +0530 https://www.taxtmi.com/manuals?id=2636