Department for Revenue amended the Notification by inserting conditions and eligibility for taking input tax credit
October 20, 2025
The Central Board of Indirect Taxes and Customs (CBIC) has issued significant amendments to the notification regarding input tax credit (ITC) under Section 16 and Section 148 of the CGST Act. These amendments introduce new conditions and eligibility criteria that registered taxpayers must comply with to avail ITC. The notification aims to streamline the ITC claiming process and prevent misuse of the credit system. Businesses are advised to review their compliance procedures to ensure adherence to the new requirements.