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UTILISATION OF INPUT TAX CREDIT

This query is : Resolved 
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(Querist)
17 January 2023 CAN WE SETTLE 100% OUTWARD TAX WITH ITC (BOTH AVAILABLE IN ELECTRONIC CREDIT LEDGER AND ITC AVAIALABLE DURING THE MONTH) AND NOT PAY GST IN CASH DURING THE MONTH.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
17 January 2023 Yes, in case of your turnover is less than 50 lacs per month.
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Shalini RN

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Shalini RN (Querist)
17 January 2023 OUR TURNOVER IS LESS THAN 50 LACS PER MONTH. THANK YOU SIR.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
17 January 2023 You are welcome..

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