https://www.taxtmi.com/article/detailed?id=15660 Intent change in GST occurs when inputs or services originally claimed for Input Tax Credit are subsequently used for exempt, non-business, personal use, written off, or permanently transferred, triggering mandatory ITC reversal and adjustment under Sections 16 and 17, Rules 42 and 43, and deemed-supply rules; annual recalculation and tagging of disposals are practical compliance steps, while penalties depend on mens rea though reversal and interest arise from changed use irrespective of intent. en-us Fri, 26 Dec 2025 07:48:46 +0530 Fri, 26 Dec 2025 07:48:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=15660 Intent change in GST occurs when inputs or services originally claimed for Input Tax Credit are subsequently used for exempt, non-business, personal use, written off, or permanently transferred, triggering mandatory ITC reversal and adjustment under Sections 16 and 17, Rules 42 and 43, and deemed-supply rules; annual recalculation and tagging of disposals are practical compliance steps, while penalties depend on mens rea though reversal and interest arise from changed use irrespective of intent. Articles Goods and Services Tax - GST Fri, 26 Dec 2025 07:48:46 +0530 https://www.taxtmi.com/article/detailed?id=15660