How is Input Tax Credit to be Used?

CA Vinod Kumar Chaurasia , Last updated: 27 August 2017  
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Introduction: This article discusses in detail about adjustment order of Input tax credit under GST. Query: As per rule first IGST has to be adjusted in CGST and then SGST, but because of lack of knowledge, IGST has been adjusted 50-50 against tax liabilities as per below screen shot and submitte

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CA Vinod Kumar Chaurasia
(Partner)
Category GST   Report

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