sir I a person is doing business in place X .and bringing the goods from place Y as both are in same state...
how can he utilise the credit ....for output tax
we get CGST and SGST credit ..
since we can't utilise that credit for the output tax liability ..as
cross utilisation is impossible ...???
what is the solution?
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Credit utilisation
Replies (2)
You are purchasing and selling in the same state. You can take ITC of your CGST & SGST charged on your purchases against the CGST & SGST charged on your sale.
If Same state then no more issues...
You can calculate Your details consolidated in all the branch transactions with Your HO...
You can calculate Your details consolidated in all the branch transactions with Your HO...
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