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Utilisation of Input credit on Export items against Output tax liability on DTA sales
Whether a company whose Exports Sale is 60 of the total sales , can utilise Input credit on Export items for discharge of output tax on the remaining 40 of Sales in Domestic territory.The company does not want to take the refund of input tax againstExport Sales.Regards
Replies (1)
Yes you can avail credit .
There is no restriction there...
You have eligible ITC which can be utilised for payment of other liabilities
Otherwise, you would have got refund for the same
There is no restriction there...
You have eligible ITC which can be utilised for payment of other liabilities
Otherwise, you would have got refund for the same
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