https://www.taxtmi.com/manuals?id=7956 Section 17(3) treats reverse charge supplies, transactions in securities, and sale of land and certain buildings as exempt supplies for ITC reversal purposes, applying the classification to the outward supplier. The Explanation allows full input tax credit for activities listed in Schedule III (which are "not supplies"), subject to exclusions for sale of land, completed buildings and warehoused goods before home-consumption clearance. en-us Wed, 06 Aug 2025 16:13:00 +0530 Wed, 11 Feb 2026 16:00:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=7956 Section 17(3) treats reverse charge supplies, transactions in securities, and sale of land and certain buildings as exempt supplies for ITC reversal purposes, applying the classification to the outward supplier. The Explanation allows full input tax credit for activities listed in Schedule III (which are "not supplies"), subject to exclusions for sale of land, completed buildings and warehoused goods before home-consumption clearance. Manuals GST Wed, 06 Aug 2025 16:13:00 +0530 https://www.taxtmi.com/manuals?id=7956