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Input Tax credit

ITC / Input 239 views 4 replies
If a item is charged with 18% than thereafter same item converted in item attracted 5% GST
Now tell me how much input we can claim??
Whether rest input Carry Forward or not??
Replies (4)
In what item you are dealing in??
Footwear and textiles
You calculate your tax Values only Not on Tax rates vide calculations....
Your total Inwards - Outwards = Liability / ITC (Carry forward)


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