Difference between ITC Availed and ITC Claimed

sujit naha (accountant) (346 Points)

07 January 2022  

For Example : --   

      ITC Account Register :- 

Opening  Balance -- 5000 /-

ITC  Availed        ---  1000/-

Total ITC Available -- 6000/-

ITC Utilised       -----   5000/-

ITC Closing Balance - 1000/-

Question : What is the ITC Availed and ITC Claimed 

Please reply .. thanks