Excess input credit

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

21 September 2013 dear sir,

my question is whether we can utilise the excess input taken on purchase of goods from local to inter state sales

RENGARAJ R.K (Expert)
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21 September 2013

The excess in input tax can be set off/availed for interstate sales output tax payable and local output tax.

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