Purchase bill only.
SUMIT BADYAL (709 Points)
06 August 2020
hi, if we have only input bill, not sale bill, how we take benefit of input tax we had paid.
2 Replies
Sagar Patel
(Tax and Business Consultant)
(11611 Points)
Replied 06 August 2020
If you have a input tax credit than you can adjust that credit against your output tax liability.
If you have not any output in current month than than you can adjust that in next month and in future via credit ledger
but can't claim any refund of same.
If you have not any output in current month than than you can adjust that in next month and in future via credit ledger
but can't claim any refund of same.
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 06 August 2020
& in addition to above reply , to have credit of input in credit ledger you need to file the return for the same.
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