I have applied for cancellation of registration of GST. Now what is the treatment for Input tax credit on stock in hand?
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Itc of stock after cancellation of registration
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ITC also reversible...
ITC is to be reversed as per section 18(4) of CGST Act, 2017 read with rule 43 of the CGST Act, 2017
Yes claimed ITC should be reversed.
Yes claimed ITC should be reversed.
How should I reverse the claim?
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