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Background In GST regime, input tax credit is available to registered person on goods and services used in course or furtherance of business of making taxable supplies, subject to conditions and restrictions as prescribed. {Sec 16] Input tax credit is not available in respect of blocked credit it
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About the Author

Chartered Accountant

Madhukar N Hiregange B.Com., FCA, DISA (ICAI). Passed CISA. Senior Partner Hiregange Associates having offices in Bangalore, Hyderabad, Vishakhapatnam, NCR/ Gurgaon, Mumbai Chennai. Associated with few CAs across India as mentor. Faculty at Hiregange Academy a knowledge employability initiative engaged in t ... Read more


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