ilmscore | GST Credit Utilization Predictions
GST

GST Credit Utilization

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Shopkeepers who paid higher GST on old stock have 'unutilized GST credit' which can be used to offset future GST liabilities. They will not have to pay GST to the government until this credit is fully utilized.
"So he collected 19,800 GST he had paid 28,000 GST to the wholesaler so 8,200 is the extra GST he pai..."
CA Rachana Phadke Ranade CA Rachana Phad...
Sep 22, 2025
Correct
GST 2.0: Seller’s BI...