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GST ITC availment
availment of ITC and utilisation of itc means????
Replies (3)
Availment of ITC - ITC taken but not set off against GST payment
Utilisation of ITC - ITC set off against GST payment
Utilisation of ITC - ITC set off against GST payment
| Originally posted by : RAVINDRA POLANKI | ||
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availment of ITC and utilisation of itc means???? |  |
Availment is claiming ITC in gstr-3b
Which then is available for payment of taxes
When you use the available ITC for tax payment it is said to be utilisation of itc
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