Menu
ITC related query
how long time will be carry forward our ITC related textile sector Chapter 50 to 55 and 60....
Replies (5)
Can be setoff againts exepenses
EITHER SET OFF OR CARRY FORWARD
AND IF THERE IS INPUT MORE THAN OUTPUT THEN APPLY FOR REFUND
how to set off??
set off against output liability and balance to be c/f
Expense A/c Dr.
To. ITC A/c Cr.
Reund is restricted on ur product
As per CGST rate notification 5/2017 as amended by 29/2017 & 44/2017 (both CGST rate notions).
To. ITC A/c Cr.
Reund is restricted on ur product
As per CGST rate notification 5/2017 as amended by 29/2017 & 44/2017 (both CGST rate notions).
Recent Threads
- Planning of Ceased a Business i.e Closure of Compa
- Property value in 26QB
- Form 26QB Multiple Buyer/Multiple seller
- Company Formation for clothing business
- TDS on purchase 194Q
- Compensation for urban land acquisition
- Understanding section 269st
- CASH AS GIFT OR FD AS GIFT
- NPS Pre Maturity full exit taxation rules
- Planning to ceased a Business
Related Threads
CAclubindia
