Will cross utilization of credits between goods and services be allowed under GST regime?
Question 16
Bill
Frequently Asked Questions (FAQ) GST
FAQ [OLD] on Goods and Services Tax (GST) – (December 2015)
Q 16: Will cross utilization of credits between goods and services be allowed under GST regime?
Ans: Cross utilization of credit of CGST between goods and services would be allowed. Similarly, the facility of cross utilization of credit will be available in case of SGST. Howe
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