GST What are the conditions necessary for obtaining ITC?

Raju Choudhary

Staff member
Ans. Following four conditions are to be satisfied by the registered taxable person for obtaining ITC:

  • (a) he is in possession of tax invoice or debit note or such other tax paying documents as may be prescribed;
  • (b) he has received the goods or services or both;
  • (c) the supplier has actually paid the tax charged in respect of the supply to the government; and
  • (d) he has furnished the return under section 39.