Service tax - itc
This query is : Resolved
18 September 2012
One of the ledger accounts of our company was SERVICE TAX - ITC. What is implied by the word ITC
18 September 2012
Input Tax Credit
18 September 2012
It means Input Tax Credit
18 September 2012
In-put tax credits) Amount which a business may claim from the ATO as a result of paying GST on goods or services acquired.
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