https://www.taxtmi.com/article/detailed?id=14843 Once Input Tax Credit is validly availed it merges into the Electronic Credit Ledger as a common pool and may be used to discharge any output tax liability under the same registration; entitlement depends on lawfully availed credit and that inputs were used in the course or furtherance of the business, rather than any commodity wise nexus between specific inputs and outputs. en-us Sat, 19 Jul 2025 08:26:50 +0530 Sat, 19 Jul 2025 08:26:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=14843 Once Input Tax Credit is validly availed it merges into the Electronic Credit Ledger as a common pool and may be used to discharge any output tax liability under the same registration; entitlement depends on lawfully availed credit and that inputs were used in the course or furtherance of the business, rather than any commodity wise nexus between specific inputs and outputs. Articles Goods and Services Tax - GST Sat, 19 Jul 2025 08:26:50 +0530 https://www.taxtmi.com/article/detailed?id=14843