On which goods Input Tax Credit can be availed?

On which goods Input Tax Credit can be availed?

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1 Answer(s)

ITC can be availed on following goods:

1. Input held in stock
2. Inherent input in semi-finished or finished goods is organized in stock
3. Capital Goods (In case only where the structure is out of the dealer structure plan or where the discounts are taxable goods)

Answered on March 7, 2018.
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Gen GST