.Input Tax Credit under GST – Provisions To declare ITC must be satisfied and forms one of the most significant activities for every business to resolve its tax liability. ITC is the foundation of GST and an important matter of concern for the registered persons. The conditions for eligibility to ITC and eligible ITC have been prescribed which is more or less in line with the pre-GST regime. This is majorly in order with the pre-GST management. These practices are very stringent and precise in their approach.