we are a new firm and as per the gst portal we have a credit balance of more than 20 lks.
as we had purchased assets we have lots of credit.
our sales and service is less as we hv only started the business.
So how long can we claim the credits.
will the credits in our account lapse?
pls advise
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ITC in our credit
Replies (1)
You can claim as long as your registration is valid
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