{"id":1221,"date":"2016-09-22T16:57:07","date_gmt":"2016-09-22T11:27:07","guid":{"rendered":""},"modified":"2016-09-22T16:57:07","modified_gmt":"2016-09-22T11:27:07","slug":"where-the-goods-against-an-invoice-are-received-in-lots-or-instalments-how-will-a-registered-taxable-person-be-entitled-to-itc","status":"publish","type":"post","link":"https:\/\/goodsandservicetax.in\/GST\/?p=1221","title":{"rendered":"Where the goods against an invoice are received in lots or instalments, how will a registered taxable person be entitled to ITC?"},"content":{"rendered":"<p>Where the goods against an invoice are received in lots or instalments, how will a registered taxable person be entitled to ITC?<br \/>Question 26<br \/>Bill  <br \/>Input Tax Credit<br \/>FAQ on GST dated 21.9.2016 based on Draft Model GST<br \/>Q 26. Where the goods against an invoice are received in lots or instalments, how will a registered taxable person be entitled to ITC?<br \/>\nAns. As per proviso to section 16(11) of the MGL, the registered taxable person shall be entitled to the credit upon receipt of the <\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n<p align=\"center\"><strong>Plain text (Extract) only<\/strong><BR>For full text:-<a href=\"https:\/\/www.taxtmi.com\/acts?id=22371\">Visit the Source <\/a><\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Where the goods against an invoice are received in lots or instalments, how will a registered taxable person be entitled to ITC?Question 26Bill Input Tax CreditFAQ on GST dated 21.9.2016 based on Draft Model GSTQ 26. Where the goods against an invoice are received in lots or instalments, how will a registered taxable person be &hellip; <a href=\"https:\/\/goodsandservicetax.in\/GST\/?p=1221\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Where the goods against an invoice are received in lots or instalments, how will a registered taxable person be entitled to ITC?&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-1221","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/1221","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1221"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/1221\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1221"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1221"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1221"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}