Question

what is the time limit for taking input tax credit and reson therefore? what is the ITC entilment of newly registered person​

Answer 1

$\huge\underline\mathrm\purple{ANSWER}$

The time period for this is 180 days. The principal has to reverse the credit along with interest on inputs which have not been received back from job worker within 180 days but he can reclaim the credit on receipt of inputs.

ʜᴏᴘᴇ ɪᴛ ʜᴇʟᴘs ᴜʜʜ✌️

❥ᴘʀɪʏᴀ