Input Tax credit can avail accros the business verticals in the same state.
Ex: I have a proprietary Business in state of Telangana having three business verticals, can I use input tax credit one business vertical to another business verticals
Menu
Input Tax Credit Utilization
Replies (2)
you can if u take one gst for all the business...
If same GSTIN for all the three verticles only then you can use it. If opted for different GSTIN then cannot avail.
Recent Topics :
- Bank balance in ITR-3
- INCLUDING PROFITS FROM REIT / INVIT IN SHARE TRADI
- Tempsens Instruments IPO GMP Allotment Listing dat
- Upload Type - Correction. Not showing in TDS filli
- Partnership tax audit query
- ERROR SHOWING PARTNER REMUNERATION ITR 3 TIME OF V
- Form 146 foreign remittance us citizen
- GST 16(2) notice
- Which GSTR-1 upload error do you hit most often?
- Need advice regarding accounting fees
Related Topics :
CAclubindia
