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electronic credit ledger

ITC / Input 190 views 3 replies
i have 70,000 igst balance in electronic credit ledger.
how to use it?
or how to utilise it?
my sales is always less than my purchases.
please guide me
Replies (3)
You can only setoff any balance in credit ledger by your output liabilities only
You can utilise the credit to set off liabilities while filing returns.
You can utilise the credit to set off liabilities while filing returns.


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