Mastery card
I can explain Input Tax Credit (ITC)
GST you paid on purchases that you can set off against GST on sales.
ITC lets a registered business credit GST charged on eligible inward supplies against output GST liability, subject to conditions.
Sticky trick
Match purchase invoices with GSTR-2B before claiming.
Take into the room
In plain English, what is Input Tax Credit (ITC)?
Or open the share card ♻️
Or start your own 5-word trail from home.