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Posts Tagged → GST Audit

Review of Input tax credit

posted in GST, Uncategorized on January 18, 2020 by Abhinandan Sethia 0 Comments
ITC in GST returns

The GST law aims at providing seamless Input tax credit to the registered persons, which can be claimed by furnishing details of ITC in GST returns. While the missed ITC could be a loss to an entity, an undue or excess claim of ITC could put an entity to a trap of interest, penalty &… Continue reading →

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