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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GST Credit Utilization : Exempt and Taxable Supply
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Quick Summary
Monthly basis and also final basis at the end of FY
If we do on Yearly / monthly basis, both gives different amount, so which amount do we need to consider.
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