Input Tax Credit Explained with Real Example | GST Explain in Hindi

This isn’t just a concept – it’s a story every business owner needs to hear!

Ever wondered why you have to pay GST while purchasing goods and again when selling your product?
Discover the power of Input Tax Credit (ITC) and how it helps you avoid double taxation and save more every month!

🎯 In this video, you’ll learn:
✅ What is Input Tax Credit (ITC) under GST?
✅ How ITC works with real-life examples
✅ The smart way to reduce your tax liability legally

📈 Whether you're a business owner, CA, accountant, or student – this video simplifies GST in a clear, relatable way.

📢 Subscribe to Compliance Monk for more simplified Legal, Labour Law & GST explanations — with real-world relevance!

📚 Chapters:
00:00 – Introduction
00:05 – Understanding the problem
00:24 – Why Double Tax ?
00:29 – What is Input Tax Credit? Explain
00:45 – How ITC reduces your GST burden
01:00 – Final Takeaway & Practical Advice

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