Question

What is different in Input tax credit and input tax

Answer 1

Answer:

Step-by-step explanation:

Input Tax Credit means reducing the taxes paid on inputs from taxes to be paid on output. When any supply of services or goods is supplied to a taxable person, the GST charged is known as Input Tax. ... Now its scope has been widened under GST.

Answer 2

Answer:

Input Tax Credit means reducing the taxes paid on inputs from taxes to be paid on output. When any supply of services or goods is supplied to a taxable person, the GST charged is known as Input Tax. ... Now its scope has been widened under GST.

Step-by-step explanation:

mark it as brainliest answer