12/09/2026
đĸ What is Input Tax Credit (ITC)?
Do you know how GST paid on your business purchases can reduce your GST liability on sales? đĄ
Understanding ITC properly can help you reduce tax liability, improve cash flow & stay GST compliant. â
đ Remember: Valid tax invoice, receipt of goods/services, supplier filing compliance, payment within 180 days, and use for taxable business are key conditions for claiming ITC.
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