How to differentiate Accumulated credit with E-PAOs?
What is Accumulated credit? How does E-PAOs work under GST regime? What are the difference between Accumulated credit and E-PAOs?
Under GST system, the following information explains about Accumulated credit and E-PAOs.
As per GST terms, Accumulated credit means credit availed on inputs, input services and capital goods to extent attributed to dutiable goods or taxable services/exported goods+ exported services, availed in excise/service tax returns and not utilized but C/F as closing balance in return filed in pre-GST. E-PAOs means the case of Central government, the existing e-PAO (Central Excise) and e-PAO (Service Tax) can work as e-PAO (IGST), e-PAO (CGST) in the GST regime. Another e-PAO (Additional Tax) can be operated till the time that the Additional Tax remains in force.
The details about Accumulated credit and E-PAOs with simple language from GST terms have been mentioned in this web blog separately. We suggest you to read these articles on Accumulated credit and E-PAOs, so as to enable you to have a clear idea on these GST terms.
For your immediate reference, we give below web links on Accumulated credit and E-PAOs separately below. You may kindly read the below links to know more about E-PAOs and Accumulated credit.
Accumulated credit to GST means
Term e-PAOs under GST
The above information easily explains about E-PAOs and Accumulated credit.
We hope, you have satisfied with the difference between Accumulated credit and E-PAOs explained above. Do you have different thought on difference between E-PAOs and Accumulated credit?
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