banner_ad

Outward GST Liability

ITC / Input 406 views 1 replies

We are having tea gardens and an huge output tax liability without much input tax credit.

Is there any alternative to work on cash flow

Replies (1)

Yes, there are alternatives to manage cash flow with a huge output tax liability and limited input tax credit:

1. *Apply for a refund*: If you have excess output tax liability, you can apply for a refund.

2. *Adjust against future liabilities*: You can adjust the excess output tax liability against future tax liabilities.

3. *Opt for a GST deferment scheme*: Some states offer GST deferment schemes, allowing you to pay GST in installments.

4. *Explore input tax credit optimization*: Review your supply chain and procurement processes to optimize input tax credit.

5. *Consider a working capital loan*: If you have a cash flow shortage, consider a working capital loan.

6. *Negotiate with suppliers*: Renegotiate prices or payment terms with suppliers to ease cash flow.

7. *Prioritize expenses*: Manage expenses and prioritize essential expenditures.

8. *Consider a GST payment plan*: Approach the tax authorities to discuss a payment plan. 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
14 May 2026
Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
06 May 2026
Account Assistant / Article Clerk

V.K. Ranjan & Co(Chartered Accountants)

New Delhi

B.Com

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details