Quairy : "Good morning, I need your valuable guidance regarding our GST input credit. We are in the gold and gems business, and we currently have an accumulated SGST credit balance of around ₹11 lakhs in the GST portal. Most of our transactions involve local purchases, and we make both local and inter-state (non-local) sales. Could you please advise us on the best possible way to utilise this SGST credit through our sales and purchase structure? Your suggestions on how we can plan our transactions to optimise and reduce the SGST credit balance would be highly appreciated. Thank you." | anreads Forums

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Quairy : "Good morning, I need your valuable guidance regarding our GST input credit. We are in the gold and gems business, and we currently have an accumulated SGST credit balance of around ₹11 lakhs in the GST portal. Most of our transactions involve local purchases, and we make both local and inter-state (non-local) sales. Could you please advise us on the best possible way to utilise this SGST credit through our sales and purchase structure? Your suggestions on how we can plan our transactions to optimise and reduce the SGST credit balance would be highly appreciated. Thank you." | anreads Forums | anreads