Input credit
Shruti Agarwal (Assistant Manager) (23 Points)
10 July 2017
Can we avail 100% Input credit?
Shruti Agarwal (Assistant Manager) (23 Points)
10 July 2017
rocky
(accountant)
(947 Points)
Replied 10 July 2017
rocky
(accountant)
(947 Points)
Replied 10 July 2017
Shruti Agarwal
(Assistant Manager)
(23 Points)
Replied 10 July 2017
how 5.4%? it should be 18% as we can avail 100% input credit
Also, Our one product which was previously exempt from tax, now comes in the 5% tax category.
so can we avail input tax on it as we have paid 12.5% or 6% excise duty on the inputs of the same, if yes how much?
rocky
(accountant)
(947 Points)
Replied 10 July 2017
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
CAclubindia
