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ITC setoff applicability

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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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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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