ITC & Stock Treatment when GST Rate Drops w.e.f 22nd September 2025

CA Umesh Sharma , Last updated: 30 September 2025  
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This article presents a practical conversation between the fictional characters Arjuna and Krishna, simplifying the complex implications of GST rate changes for businesses. Through their dialogue, key issues are addressed, such as how reduced or nil GST rates affect Input Tax Credit (ITC), whether r

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CA Umesh Sharma
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Category GST   Report

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