Input Tax Credit (ITC) and tips for maximizing ITC.
What is Input Tax Credit ? Input Tax Credit (ITC) is a crucial aspect of the Goods and Services Tax (GST) system, benefiting businesses by allowing them to offset the tax paid on purchases against their tax liability on sales. Under GST, every purchase is matched with a corresponding sale, ensuring a seamless flow of […]
Input Tax Credit (ITC) and tips for maximizing ITC. Read More »