"Prasad K Upadhyaya a Practicing Tax Advocate with twenty years of experience in direct and indirect taxes. His practice specialize in GST Litigation matters. He is also the president of Udupi District Tax Bar Association (R) Udupi."
1. Availing ITC: Crediting the ITC in Electronic Credit Ledger is availing ITC. Crediting ITC to credit ledger results in to ITC availed. 2. Utilization of ITC: Debiting the ITC in the Electronic Credit Ledger is utilization of ITC. Debiting ITC results in to ITC utilized. 3. Interest under section 50: Wrong credit taken i.e […]
