Question ID : 40552

Input credit utilisation

Dear Sir, Please clarify whether output tax liability under gst can be set off against subsequent input tax credit earned which is also appearing in electronic credit ledger i.e. output tax liability was of march 2018 and input tax credit earned in december 2019 which is appearing in electronic credit ledger? Thanking in anticipation

posted by Abhinav Chaurasia on Jan 24 2020 12:00AM