Input tax credit
This query is : Resolved
09 February 2019
I purchase capital goods and pay GST. But my service tournover GST is less than the GST paid on my purchase. My doubt is shall i carry forward the balance of ITC to next financial year? please clear me.
11 February 2019
Yes you can carry forward the credit to the subsequent financial year. There is no restriction on carry forward of credit already availed in returns.
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