Input Tax Credit Break-up of RET 1 New Return – Table 4 Explained

Return RET-1 has a total of 9 tables, out of which in this article we will focus on table 4 in detail. Kindly note table 3 is already detailed in our previous articles GST Form RET 3.

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RET-1 New Return: How to fill Table 5 to Table 8

The GST Council has introduced new return filing system in order to simplify the filing process. This system is currently postponed until October 2020.

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