Full ITC not eligible if payments are netted off against receivables

In re M/s. Sanghvi Movers Limited (GST AAR Tamilnadu) Whether on facts and circumstances of the case, since Integrated Goods and Services Tax (“IGST”) is payable on inter-state movement of cranes by the supplier (i.e. SML Maharashtra), whether the recipient office of SML (i.e. SML Tamil Nadu) duly registered under GST receiving such cranes for further supply on hire charges would be eligible to avail input tax credit (ITC) of IGST charged? The applicant has furnished a set of documents giving a sample transaction along with the application. On perusal, it is seen that the customer has plac...