Have you checked that input tax credit on capital goods is correctly availed?

  • It is important to note that credit on capital goods also would now be permitted on a proportionate basis. GSTGSS sees that ITC on capital goods is correctly availed.

  • It shall ensure the accountability of the suppliers to pay the required tax thus preventing the overall increase in the price as well as it encourages seamless flow of input credit.

  • Helps to manage your business and also keeps your Business GST Compliant.

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