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ITC on composition scheme

1. When we get input tax credit (on purchase or sales)??


Kanaga Mani

Kanaga Mani

CA Inter

2K+

19-May-20 17:16

21

Answers (2)

ITC is the tax that was paid on purchases and get adujsted at the time of Output tax liability (sales).


KEERTHI PRIYA

KEERTHI PRIYA

Moderator

19-May-20 18:34

TQ


Kanaga Mani

Kanaga Mani

CA Inter

2K+

20-May-20 10:04

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