Friday, April 26, 2019

Businesses can use IGST credit to settle centre, state tax dues: CBIC

Importers typically pay IGST on goods they bring into the country. Also IGST is paid on inter-state movement of goods. This tax is supposed to be set-off against the actual GST paid, or may be claimed as refund in certain cases.

from Moneycontrol http://bit.ly/2vksmuY

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