Itc set off rule against liablity

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ARTICLE ASSISTANTS
3 Points Posted on 22 December 2021
dear sir kindly provide me details about GST liablity set off against itc available.
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On 22 December 2021 at 15:20 Report
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Quick Summary
This discussion clarifies how businesses can reduce their Goods and Services Tax (GST) liability by setting off their available Input Tax Credit (ITC). It explains that if your ITC is reflected in your GSTR-2B, you can indeed use it to offset your tax payable to that extent, effectively lowering your financial obligation.

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Profession
28271 Points Posted on 22 December 2021
Pls explain.
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On 22 December 2021 at 22:31
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13 Points Posted on 23 December 2021
If ITC is appearing in GSTR- 2B ; A person can reduce his liability to that extent
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On 23 December 2021 at 17:24

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