Skip to content

Who can avail the ITC

Who can avail the ITC

As per Sec. 16(1) of CGST Act, 2017, every registered person subject to certain conditions and restriction is entitled to take credit of input tax charged on any supply of goods or services or both to him which are used or intended to be used in the course or furtherance of his business and the said amount shall be credited to the electronic credit ledger of such person.