Which one of the following is not a condition as per section 16(2) of CGST Act, 2017, to avail Input Tax Credit (ITC):

CS Executive · Tax Laws · PYQS · December 2022
Which one of the following is not a condition as per section 16(2) of CGST Act, 2017, to avail Input Tax Credit (ITC):
(A) Recipient has possession of tax invoice issued by supplier
(B) Goods or Services is actually consumed by Recipient
(C) Filing of valid return by supplier
(D) Supplier pays the tax to the government

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: GST

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