Input tax credit subject to such conditions and restrictions

J Praveen Kumar | Last updated: 10 June 2018

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A registered person shall not be entitled to take credit of input tax charged on any supply of goods or services or both notwithstanding anything contained in subject to such conditions and restrictions as may be prescribed and in the manner specified in section 49. Explanation - For the purpose of this section,- Every person who has paid the tax on goods or services or both under this Act shall, unless the contrary is proved by him, be deemed to have passed on the full incidence of such tax t

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1 Year PLAN

1999

(Excl. of GST ₹359)

BEST VALUE

2 Years PLAN

3499

(Excl. of GST ₹629)

3 Months PLAN

999

(Excl. of GST ₹179)

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About the Author

J Praveen Kumar

Accountant

Accounting Professional with 19 years experience in Taxation, Accounts and Inventory management, proficiency in extracting financial data from various reporting systems, verify the correctness of turnover declared, taxes paid, refund claimed and input tax credit availed, and assess compliance with the provisions of GST ... Read more

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