Gst related - claiming input tax credit
2 years ago
Is claiming input tax credit necessary in gst. I have not been claiming input tax credit wanna know if it can be a problem
A.Dear Sir,
It is better to claim input tax credit to avoid future complications. In the meanwhile to get more clarity you may approach any Auditor or chartered accountant.
It is better to claim input tax credit to avoid future complications. In the meanwhile to get more clarity you may approach any Auditor or chartered accountant.
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A.Dear Client,
As per the facts mentioned, when goods are received in installments ITC can be claimed only when the last lot is received. A person registered under composition scheme in GST cannot claim ITC.
As per the facts mentioned, when goods are received in installments ITC can be claimed only when the last lot is received. A person registered under composition scheme in GST cannot claim ITC.
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