ITC meaning in Country Specific ?

Answer: What is Input Tax Credit mean?

Goods and Services Tax (GST) in Australia is a value added tax of 10% on most goods and services sales, with some exemptions (such as for certain food, healthcare and housing items) and concessions (including qualifying long term accommodation which is taxed at an effective rate of 5.5%). GST is levied on most transactions in the production process, but is in many cases refunded to all parties in the chain of production other than the final consumer.

The tax was introduced by the Howard Government and commenced on 1 July 2000, replacing the previous federal wholesale sales tax system and designed to phase out a number of various State and Territory Government taxes, duties and levies such as banking taxes and stamp duty.

An increase of GST to 15% has been put forward, but is generally lacking in bi-partisan support.

reference

Full Form	Category
Irrigation Technology Center	Academic & Science
Instructional Technology Center	Academic & Science
Information Technology Club	Academic & Science
Istituto Trentino di Cultura	Academic & Science
International Teledemocracy Centre	Academic & Science
International Theological Commission	Associations & Organizations
International Trade Commission	Business
Information Technology Center	Business
International Technical Ceramics	Business
Ideal Toy Corporation	Business
International Training Centre	Business
Industrial Tank Corporation	Business
International Transmission Company	Business
International Travel Connections	Business
Imagination Technology Corporation	Business
Information Technology Charlotte	Business
Information Technology Council	Business
Indian Tobacco Corporation	Business
Investment Tax Credit	Business
Indian Trade Classification	Business
International Technical Certificate	Business
Intercontinental Terminals Company	Business
Insurance Technologies Corporation	Business
Industrial Training Council	Business
Indian Tobacco Company	Business
International Technidyne Corporation	Business
Incorporated Television Company	Business
Industry Technical Committee	Business
Iranian Tobacco Company	Business
Industrial Tooling Corporation	Business
International Tonnage Certificate	Business
International Trade Centre	Business Organization
International Typeface Corporation	Business Organization
Independent Television Commission	Community
Institute of Texan Cultures	Community
International Training for Chinese	Community
Instructional Technologies Center	Community
International Trauma Care	Community
Interdenominational Theological Center	Community
International Training in Communication	Community
International Telemetering Conference	Community
Inland Transport Committee	Community
Imperial Tobacco Company	Company Name
Instrumentation Tray Cable	Computer Hardware
Information Trust Corporation	Computing
Information Technical Centre	Computing
Innovative Technology Center	Computing
Interval Timer Counter	Computing
Intel Trace Collector	Computing
Independent Transport Clock	Computing
Intelligent Tape Controller	Computing
Interactive Test Capture	Computing
I-Tunes Connect	Computing
Institute of Technology of Cambodia	Computing
Institute of Technology at Central	Computing
Interface Termination Unit	Computing
Input Tax Credit	Country Specific
IoT Chain	Cryptocurrency
Integrated Terrain Compensation	Earth Science
Industrial Technician Certificate	Educational Degree
Information Technology and Communication	Educational Degree
Integration Time Control	General
Intergalactic Trade Council	General
Instrumental TransCommunication	General
Intelligent Trace Control	General
Interstate Truck Center	General
Isuzu Truck Centre	General
Indian Touring Car	General
Integrated Touchscreen Control	General
International Teletraffic Congress	General
Integrity Trust and Commitment	General
International Trade Center	General
International Training Center	General
Intelligent Touch Controller	General
Instrumental Trans Communications	General
In The Cut	General
Independent Tournament Circuit	General
International Test Commission	General
Interactive Todd Coxeter	General
Industrial Training centre	General
Integrity Trust Commitment	General
Infared Training Center	General
Infrared Training Center	General
Inter Tribal Consortium	General
Innovative Turnaround Controls	General
International Tobacco Control	General
Intermodal Transit Center	General
Israel Trauma Coalition	General
Integral Tai Chi	General
International Truck and Engine Corporation	General
International Touringcar Championship	General
Intelligent Traction Control	General
Ignition Timing Controller	General
Infotainment Technic Center	General
Injection Timing Control	General
Interieur Tout Cuir	General
Intermediate Time Control	General
International Thunderbird Club	General
Intake Air Temperature Compensator	General
Ibiza Tuning Club	General
Integrated Temperature Control	General
Indiana Triumph Cars	General
International Truck Club	General
Isuzu Training Center	General
Information Technology Committee	Governmental
In The Canal	Governmental
Ignition Timing Control	Governmental
International Tonnage Convention	Governmental
Information Technology Commission	Governmental
International Terrorist Coalition	Governmental
Independent Theatre Council	Governmental
Innovation and Technology Commission	Governmental
Information Technician Chief Petty Officer	Governmental
Institute for Theory and Computation	Governmental
Iowa Trauma Coordinators	Healthcare
International Transistor Corporation	International
Intercontinental	International
Internet Test Cricket	Internet
In The Context	Internet
In This Case	Internet
Information Theoretic Criterion	Maths
Instructions To Consultants	Messaging
Intensive Training Centre	Military and Defence
ITC Limited	NSE Company Symbol
Norfolk Southern Railway Company (formerly Illinois Terminal Railroad)	Regional
Illinois Terminal Railroad (Norfolk Southern)	Regional
Igloo Thermal Control	Space Science
International Tennis Centre	Sports
Investment Trust Company	Stock Exchange
Industrial Technology Centre	Technology
Instructional Technology Consortium	Technology
Instructional Technology Council	Technology
Intellicad Technology Consortium	Technology
Interstate Telecommunications Cooperative	Telecommunication