Section 16 of CGST ACT 2017 talks about Input Tax Credit mechanism, which allow Taxpayers to offset the GST Input Tax Credit with the GST Output Tax Liability. This helps in avoiding the cascading effect of taxes and promote seamless flow of credit through the entire supply chain.
source https://www.caclubindia.com/articles/section-16-of-cgst-act-2017-eligibility-and-conditions-for-taking-itc-49530.asp
source https://www.caclubindia.com/articles/section-16-of-cgst-act-2017-eligibility-and-conditions-for-taking-itc-49530.asp
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