We are having tea gardens and an huge output tax liability without much input tax credit.
Is there any alternative to work on cash flow
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Outward GST Liability
Replies (1)
1. *Apply for a refund*: If you have excess output tax liability, you can apply for a refund.
6. *Negotiate with suppliers*: Renegotiate prices or payment terms with suppliers to ease cash flow.
7. *Prioritize expenses*: Manage expenses and prioritize essential expenditures.
8. *Consider a GST payment plan*: Approach the tax authorities to discuss a payment plan.
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