Yasaswi Gomes new
(Finance )
(4514 Points)
Replied 04 April 2024
You can still claim itc. Usually gst, tds, tcs are recognised during the time of payment or credited, which ever is first. So go ahead and claim itc
Yasaswi Gomes new
(Finance )
(4514 Points)
Replied 04 April 2024
The certificate is necessary for companies to claim input tax credit and purchase goods and services from other GST-registered businesses. It is issued by The Central Board of Indirect Taxes and Customs (CBIC) after the application is approved. You have an advantage that you can work autonomous in case of sales and you don’t need a certificate