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Input credit refund
i am opting composition from April and i have a credit of rs 35000 available in my credit ledger at the time of opting composition .What can i do this credit?
Replies (1)
Refund of accumulation ITC can be availed only in two situations-
1. Inverted rate supplies.
2. Zero rated supplies i.e. export
1. Inverted rate supplies.
2. Zero rated supplies i.e. export
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