What is the eligibility of input tax credit on inputs in stock for a person who obtains voluntary registration?
Question 7
Bill
Input Tax Credit
FAQ on GST dated 21.9.2016 based on Draft Model GST
Q 7. What is the eligibility of input tax credit on inputs in stock for a person who obtains voluntary registration?
\nAns. As per section 16(2A) of MGL, the person who obtains voluntary registration is entitled to take the input tax credit of input tax on inputs in stock, inputs in sem<\/p>\n
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