A gst registered regular scheme dealer purchases of goods 12%tax rate goods from another gst registered dealer.but dealer tax rate 18% billing .
question:
Dealer input credit claimed tax rate 12%or 18%.
1 Replies
Sagar Patel
(Tax and Business Consultant)
(11611 Points)
Replied 28 September 2020
ITC is available on Purchase of Goods, if you purchase Goods on 12% than ITC available is Only 12% _Not less than that_Not more than that.
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