Section 18 – Availability of Credit in Special Circumstances
Section 18 of CGST Act, 2017 – Availability of Credit in Special Circumstances Updated on: February 2026 (as amended and applicable till date) Prepared by: Yours Tax Consultant 1. Bare Act Text – Section 18 (Effective Provisions) Section 18(1): A person shall be entitled to take credit of input tax in respect of: (a) inputs held in stock and inputs contained in semi-finished or finished goods held in stock on the day immediately preceding the date from which he becomes liable to pay tax; (b) inputs held in stock and inputs contained in semi-finished or finished goods held in stock on the day immediately preceding the date from which he becomes liable to pay tax under section 9, where he had applied for registration within thirty days from such date; (c) inputs held in stock and inputs contained in semi-finished or finished goods held in stock on the day immediately preceding the date from which he becomes liable to pay tax, ...