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GST CREDIT
if a company is construction stage for 3 years n having some purchase of goods , mechiney n services with applicabe Gst and there is huge accumulated gst companent of GST n if the company does not have any sales ...in such how to claim in put gst or is it possible to transfer the gst credit to some other company pls clarity
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Transferring gst credit to some other co not possible.
No you cannot transfer your credit, neither you can take refund for same, it can set-off against your output liabilities only
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