Itc laps

400 views 5 replies
sir,
it is true all credit ITC laps before 31/07/18 in Textile industry.

Regards,
Replies (5)

NO NOT AS SUCH 

yes...but there is no any notification regarding it
Yes there is notification 20/2018 CT (R) St. 26/7/2018

yes ITC lying unutilized will be laps before 31/07/2018, means you cannot c/f the same to 1/8/2018
As from 1/8/2018 the textile industry is liable to take refund under Inverted Tax Structure for unutilized ITC
Well explained Pankaj sir....
Thanks Vinod Ji

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 24 June 2026
HEAD - AUDIT AND TAXATION

A R JADHAV AND ASSOCIATES

Mumbai

CA Inter

View Details
Company
24 June 2026
Senior Account (VA Client Operations)

Karbon Business

Bengaluru

CA Inter

View Details
Company
24 June 2026
Chartered Accountant

CA Darshita Shah & Co

Nadiad

CA

View Details
Company
ARTICLESHIP 27 June 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
06 July 2026
Chartered Accountant (Indirect Taxation)

Gowra Ventures Pvt Ltd

Hyderabad

CA

View Details
Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details
Company
20 June 2026
Chartered Accountant

ANV & Company

New Delhi

CA

View Details