Acquisitions & Input Tax Credits - GST Basics 2026

Explore acquisitions in detail and learn how GST input tax credits can be applied and claimed.

In this session, we cover:

• Recap of Basic GST Rules and Concepts

• Creditable Acquisitions

  • “Acquisitions”

• Claiming Input Tax Credits (ITCs)

• Creditable purpose

• Apportionment

  • Apportionment / Partly creditable

  • Attribution

Please note: At approximately 29:45 in the video, during the verbal example provided while slide 22 was displayed, the correct reference should have been 60% x 70% = 42%, not 60% x 80%. This correction does not affect the slide content.