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Excess input credit

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Querist : Anonymous

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Querist : Anonymous (Querist)
21 September 2013 dear sir,

my question is whether we can utilise the excess input taken on purchase of goods from local to inter state sales
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RENGARAJ R.K

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RENGARAJ R.K (Expert)
21 September 2013

The excess in input tax can be set off/availed for interstate sales output tax payable and local output tax.
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