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ITC / Input 136 views 3 replies
Our company installs solar plants.

Solar power plants have gst rate 5%.

But inputs have gst 18%.

Now installing solar power plants take 3months time (output billing will be done at the end of 3 months)

Now extra gst paid on inputs get blocked with govt for 5-6 months.


how to solve this??
Replies (3)

All 18% GST  Eligable  input tax credit Carry forward 

can we get refund???

no its take  input credit  

 


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