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</html><thumbnail_url>https://timespropertyhub.com/wp-content/uploads/2024/02/grayscale-photography-of-building-scaled.jpg</thumbnail_url><thumbnail_width>2463</thumbnail_width><thumbnail_height>2560</thumbnail_height><description>Learn about GST input credit, the mechanism that allows businesses to offset the GST paid on their purchases against their GST liability on sales. Find out the conditions for availing input credit, how to claim it, and the benefits it offers. Understand how GST input credit helps in reducing the tax burden, preventing cascading effect of taxes, promoting compliance, and boosting competitiveness.</description></oembed>
