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Query Details

Asked by Sarthak on :Jun. 21, 2018

If I have credit balance of ITC in my Electronic …

If I have credit balance of ITC in my Electronic cash ledger on account of State Tax, how and in wh…

If I have credit balance of ITC in my Electronic cash ledger on account of State Tax, how and in what order can I utilize such balance?

0

Sarthak Jun. 21, 2018

The balance in the Electronic Cash Ledger on account of the State tax shall first be utilised towards payment of State tax and the amount remaining, if any, may be utilised towards payment of integrated tax;

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