how a end consumer benefits with input Tax credit

ITC / Input 379 views 2 replies
how a end consumer benefits with input Tax credit?

where a end consumer adjust their input Tax credit?
Replies (2)

IF goods is used by businessman/service provider for his business he can take credit of that goods, like AC, Fridge, TV etc, but when goods are used for personal purpose no credit will be available. It mean when goods will be ultimately used for personal purpose final tax will be reached to govt.

IF goods is used by businessman/service provider for his business he can take credit of that goods, like AC, Fridge, TV etc, but when goods are used for personal purpose no credit will be available. It mean when goods will be ultimately used for personal purpose final tax will be reached to govt.


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