When you can claim input tax credit

Input tax credit (ITC) lets you offset the GST on your purchases against the GST on your sales, but only if conditions are met.

The core conditions

• You have a valid tax invoice from a registered supplier
• You have actually received the goods or services
• The credit appears in your GSTR-2B (the supplier filed)
• The supplier has paid the tax, and you pay them within 180 days

The purchase must also be for business use. See blocked credits for what you cannot claim.