As per Section 2(63) of the CGST Act,2017 “input tax credit” means the credit of input tax. It means the Central tax, State tax, Integrated tax or Union Territory tax charged on any supply of goods or services, or both made to a registered person but does not include the tax paid under the composition levy. The registered person is entitled to the credit of any input tax credit on fulfilment of following conditions:

• Possession of tax invoice or debit note
• Receipt of Goods & Services
• Payment of tax to the government
• Filing of valid Return