Conditions & Eligibility to Avail ITC

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....to take credit of input tax charged on any supply of goods or services or both to him which are used or intended to be used in the course or furtherance of his business and the said amount shall be credited to the electronic credit ledger of such person. 16(1) 1. In GST we need to distinguish that, a. the liability to pay tax is cast upon a taxable person including a person who is liable to be registered even though not actually registered. b. input tax credit can be availed only by a registered person i.e., a person registered under GST. 5.2. The conditions and restrictions for availing input tax credit have been prescribed under Rule 36 of the Central Goods and Services Tax Rules, 2017 (hereinafter referred to as "the....

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....lause, it shall be deemed that the registered person has received the goods or, as the case may be, services- (i) where the goods are delivered by the supplier to a recipient or any other person on the direction of such registered person, whether acting as an agent or otherwise, before or during movement of goods, either by way of transfer of documents of title to goods or otherwise; (ii) where the services are provided by the supplier to any person on the direction of and on account of such registered person.] ba. the details of input tax credit in respect of the said supply communicated to such registered person under section 38 has not been restricted. c. subject to the provisions of section 41, the tax charged in respect of such....