ITC Ka Pehla Test: Sec 16 Conditions | CA Final IDT Nov 2026

Credit isn't blocked under 17(5)… so why is it still rejected? Because it failed the Sec 16 gate first. In this Quick Fix (CA Final Nov 2026, Paper 5 IDT): ✅ Sec 16(2) conditions — invoice, receipt, GSTR-2B, tax paid, return filed ✅ Goods in lots & bill-to-ship-to — when receipt is complete ✅ Rule 37 — supplier not paid in 180 days: reversal + re-availment ✅ Sec 16(4) — time limit for claiming ITC ✅ Exam table, worked example, wrong vs scoring answer + 4-line answer stamp Law: as applicable for CA Final Nov 2026 (ICAI SM + RTP + Statutory Update, law up to 30.04.2026). GST Council Oct 2026 recommendations are NOT examinable for Nov 2026. ⏱ Chapters 00:00 Why ITC fails before 17(5) [mm:ss] Sec 16(2) conditions [mm:ss] Lots & bill-to-ship-to [mm:ss] Rule 37 – 180-day payment [mm:ss] Sec 16(4) time limit [mm:ss] Comparison table [mm:ss] Exam example [mm:ss] Wrong vs scoring answer [mm:ss] 4-line answer stamp ▶ Watch next in the ITC Quick Fix series: • ITC Blocked Credits – Sec 17(5): [link] • ITC Reversal – Rule 42 & 43: [link] Subscribe to @CAblackboard — quality in minimum time. #CAFinal #GST #IDT #InputTaxCredit #CAFinalNov2026