In our previous blog we learned about the conditions for availing GST input tax credit and
the scenarios in which input tax credit (ITC) can be availed. In this
blog, we will discuss the scenarios where you cannot avail Input Tax
Credit.
1. Registration not applied for within 30 days from the date on which you become liable to register
If you have not applied for registration within 30 days
from the date on which you become liable to register, you will lose the
eligible ITC on inputs and inputs contained in semi-finished or
finished goods in stock, on the day before the date on which you become
liable to pay tax.
