GST Input Credit Tutorial 01 - Concepts behind Input Tax Credit

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Комментарии
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Classic and Lucid. And Narrator voice is pleasant and binding.

simitmishra
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I'M cloth merchant.. i use to pay entry tax on purchase but exempted from state vat.. i already paid entry tax on my closing stock.. in my purchase invoice no such tax paid is mention(execise) then how much input tax credit ll be avail to me?? I already paid 1% entry tax now gst on clothes are 5%..


2. If i opt for composition scheme.. then how much tax should i suppose to pay on my closing stock and when? Now rate is 5%


Warm regard
Hitesh popli

hiteshpopli
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Sir I have a question. ...
Unclaimed INPUT TAX CREDIT under GST of current month can be Carried Forward to next month?

Is there any period during which any ITC can be claimed...?

Mega
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contents are very good for laymen but this background music is so disturbing and highly irritating, besides being loud

shailsang
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Explained everything except the topic.

karankushwaha