GST Credit Utilization : Exempt and Taxable Supply

Ashu jain (Practicing) (126 Points)

30 January 2020  
In case of newspaper sale, client get revenue from subscripttion (Exempt) and advertisement sale(Taxable).

Thus utilization of common ITC needs to be done on monthly basis or yearly basis.

As some month less revenue in one and some month more revenue in other, so it will give different total ITC Utilization in both (Yearly and monthly bifercation) cases.

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