what is input tax credit?
nd what is the rate for input tax credit on stock transfer
what is input tax credit?
nd what is the rate for input tax credit on stock transfer
Input Tax - It means when you have purchased any item, for further processing, the amount of VAT/CST/excise paid on it. This amount is available to utilised against your liability to pay tax.
thnx buddy
can u tell me what is the credit limit on stock transfe
Upto 4 % credit you can avail on stock transfer.
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