Hi,
In GST portal we have electronic Credit of rs. 120000 pls advise how to adjust while making the payment.
pls note we make the make in chq only not in online pls help
Thanks in advance
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Electronic Credit in GST Portal
Replies (3)
Electronic ledger balanc (ITC) adjusted with Liability
As per Section 49 the balance in Credit Ledger can be adjusted only against output liability.
It will get automatically adjusted with sales . I.e., output gst.
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