Category: Uncategorized

Conditions for taking Input Tax Credit under GST

Sec­tion 16 of CGST Act 2017 deals with con­di­tions on tak­ing Input tax Cred­it: 1)  Every reg­is­tered per­son shall, sub­ject to such con­di­tions and restric­tions as may be pre­scribed and in the man­ner spec­i­fied in sec­tion 49, be enti­tled to…