Glimpse on Refund of unutilised Input Tax Credit (ITC)

Mita Basak , Last updated: 11 September 2020  
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Introduction: Accumulation of Input Tax Credit happens when the tax paid on inputs is more than the output tax liability. Such accumulation will have to be carried over to the next financial year till such time as it can be utilised by the registered person for payment of output tax liability. Ho

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Mita Basak
(Professional)
Category GST   Report

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