The benefit of input tax credit is available on.interstate purchase or on interstate purchase or on every kind of purchase we made.
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ITC Credit
Replies (4)
You can take ITC of any purchase either intra or interstate inwards supplies.
You can take ITC of any purchase either INTRA or INTER STATE Inwards Spplies subjected to Section 17(5) of CGST Act 2017.
good Shivam it's correct and we will take both under this section
sir I have filed tran 1 regarding transitional credit of vat . that credit was reflecting electronic credit ledger. but at the time of filing of July month gstr3b return again I have taken 50% of cgst and 50% sgst .then after electronic credit ledger amount was increasing.that time I understood wrongly taken.now what is the rectification
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