Where goods and/or services received by a taxable person are used for the purpose of business and non-business supplies, whether the input tax credit is available to the registered taxable person?

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..... uestion 9 - GST - Input Tax Credit - FAQ on GST dated 21.9.2016 based on Draft Model GST - Act-Rules - Q 9. Where goods and/or services received by a taxable person are used for the purpose of busin .....

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..... (7) of the MGL read with GST ITC Rules (yet to be issued). It is important to note that credit on capital goods also would now be permitted on proportionate basis. - - statute, statutory provision .....

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