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RCM APPLICATION ON PURCHASE OF GOODS
in gst act the tax will be treated as 50/50 on of GST act. in how we refund CGST amount of tax can u explain it. we are not purchases out of state or IGST . then how we get CGST tax credit.
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When you sell your goods within state...... You charge CGST & SGST 50:50.
Here input CGST (paid under RCM or any other credits) gets adjusted against output CGST........... and similarly SGST against SGST.
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