Dear all
Suppose i have an output liability for service tax for the month of April is Rs. 50000/- and having an input tax credit is Rs. 100000/- for april month itself then should i adjusted all the output liablility from input or not more than 20% for that particular month
Thanks!
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Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
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CAclubindia
