Home GST LAW (Draft) Chapter 05 – Input Tax Credit

Chapter 05 – Input Tax Credit

Input_Tax_Credit

Section 16 : Eligibility and conditions for taking input tax credit – Input Tax...

16. Eligibility and conditions for taking input tax credit (1) Every registered taxable person shall, subject to such conditions and restrictions as may be prescribed...
Input_Tax_Credit

Section 17 : Apportionment of credit and blocked credits – Input Tax Credit

17. Apportionment of credit and blocked credits (1) Where the goods and/or services are used by the registered taxable person partly for the purpose of...
Input_Tax_Credit

Section 18 : Availability of credit in special circumstances – Input Tax Credit

18. Availability of credit in special circumstances (1) A person who has applied for registration under the Act within thirty days from the date on...
Input_Tax_Credit

Section 19 : Recovery of Input Tax Credit and Interest thereon – Input Tax...

19. Recovery of Input Tax Credit and Interest thereon Where credit has been taken wrongly, the same shall be recovered from the registered taxable person...
Input_Tax_Credit

Section 20 : Taking input tax credit in respect of inputs sent for job...

20. Taking input tax credit in respect of inputs sent for job work (1) The “principal” referred to in section 55 shall, subject to such...

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