GST Input Tax Credit Solution
Input Tax Credit’ or ‘ITC’ means the Goods and Services Tax (GST) paid by a taxable person on any purchase of goods and/or services that are used or will be used for business.
ITC value can be reduced from the GST payable on the sales by the taxable person only after fulfilling some conditions.
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GST Input Tax Credit Solution
Input Tax Credit’ or ‘ITC’ means the Goods and Services Tax (GST) paid by a taxable person on any purchase of goods and/or services that are used or will be used for business.
ITC value can be reduced from the GST payable on the sales by the taxable person only after fulfilling some conditions.