Is there any restriction on period for availment of ITC?

Is there any restriction on period for availment of ITC?
Question 29
Bill
Input Tax Credit
Faq On GST (2nd Edition) Dated 31.3.2017
Q 29. Is there any restriction on period for availment of ITC?
Ans. In cases of new registration, change from composition to normal scheme, from exempt to taxable supplies, the concerned person cannot avail ITC after the expiry of one year from the date of issue of tax invoice relating to such supply.
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Statute, statutory provisions legisl

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