Dear Sir
For a Merchant Export transaction, we charged IGST @ 0.1% & claimed regular ITC @ 18% on our Inputs.
So, do we need to Reverse the proportionate ITC ? or can we set off the excess ITC with our liability of other Regular Outward supplies ?
Thanks !
Dear All,
Please see below query & look forward to your valuable comments.
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
View Details
CAclubindia
