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available Input tax credit
if we have available input tax credit in books of account and we are now registering for gst whether availed tax credit in books can be utilized for payment of gst ?
Replies (1)
DEAR SIR, ,,,,,,,,,,,,
YOU CAN UTILIZE ANY INPUT TAX AGAINST THE SAME WAY TO OUTPUT TAX LIABILITY ,,,,,,,,,,,,,,,,,,,,,
GST IS NOT IN FORCE YET , SO YOU CAN UTILIZE ONLY INPUT GST AGAINST OUTPUT GST
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