What is the eligibility of input tax credit on inputs in stock for a person who obtains voluntary registration?

Question 18 – Draft-Bills-Reports – Input Tax Credit – FAQ on GST (2nd Edition) dated 31.3.2017 – Question 18 – Q 18. What is the eligibility of input tax credit on inputs in stock for a person who obtains voluntary registration? Ans. The person who obtains voluntary registration is entitled to take the input tax credit of input tax on inputs in stock, inputs in semi- finished goods and finished goods in stock, held on the day immediately preceding the date of registration. – Statutory Provisio

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