Registered person who is entitled to claim credit of input tax under section 18(1) is required to file a declaration in Form ‘GST ITC-01’. The credit may be availed for inputs held in stock, Inputs contained in semi-finished or finished goods held in stock or capital goods as given below:
1. One day immediately preceding the date on which his registration is granted for claim under clause (a) or clause (b) of sub section (1) of section 18
2. One day immediately preceding the date from which he becomes liable to pay tax under section (9) for claim under clause (c) of sub-section(1) of section 18
3. One day immediately preceding the date from which the supplies made by registered taxpayer becomes taxable for claim under clause (c) of sub-section (1) of section 18