Input Tax Credit (ITC) in GST 2.0 — Rights, Restrictions & Taxpayer Protection
(Based strictly on official GST Council discussions, CBIC papers, and confirmed Government directions up to Dec 2025.) Input Tax Credit (ITC) remains the backbone of the Goods and Services Tax system. With the Government’s ongoing work toward GST 2.0, major reforms have been discussed by the GST Council to reduce fraud, strengthen invoice matching, and…