ITC setoff applicability

Mera input kuch goods ka hai but is month m mera ek service ka bill pe output ban raha hai to kya m use goods wale input se Setoff kar sakta hu
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Quick Summary
This discussion clarifies the applicability of Input Tax Credit (ITC) set-off under GST. It confirms that ITC from goods can be used to offset the output tax liability on services. Essentially, any input tax credit, whether for goods or services, can be adjusted against the GST on any outward supply, be it goods or services.

Yes, App apne output ( Goods ka ho ya service ka) ko kisi bhi Input tax credit (Goods or service ) ke samane set off kar sakate ho..
Originally posted by : DIPESH SHARMA
Mera input kuch goods ka hai but is month m mera ek service ka bill pe output ban raha hai to kya m use goods wale input se Setoff kar sakta hu

You can adjust ITC of Goods againts Output Tax on Service

ITC is to be adjusted against the GST on Outward Supplies.

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