Can a person take input tax credit without payment of consideration for the supply along with tax to the supplier?
Question 7
Bill
Input Tax Credit
Faq On GST (2nd Edition) Dated 31.3.2017
Q 7. Can a person take input tax credit without payment of consideration for the supply along with tax to the supplier?
\nAns. Yes, the recipient can take ITC. But he is required to pay the consideration along with tax within 180 days from the date of issue of invoice. This condition is not <\/p>\n
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