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input tax credit
What is input tax credit.. And who can claim input tax credit
Replies (3)
All inward supplies from a Registered Regular dealer is we get Tax credit.. The Tax amount is Input Tax Credit. Bcoz, The amount from our pocket....
In GST regime, who is register under regular scheme they can claim the Input Tax Credit... Other dealers can't claim ITC...
In GST regime, who is register under regular scheme they can claim the Input Tax Credit... Other dealers can't claim ITC...
Only supplies or on services
Both ll be applicable. So, Only it's called GOODS and SERVICES TAX...
So,
You / We can enjoy both credits under GST...
So,
You / We can enjoy both credits under GST...
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