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    <title>INPUT CREDIT ON EXPENSES DEBIT IN P&amp; L</title>
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    <description>The issue asks whether input tax credit is available on GST paid for numerous profit-and-loss expense heads. The reply states that some listed expenses are not subject to GST, some fall under the reverse charge mechanism, and GST rates and treatment vary by expense type; therefore, individual queries for each expense are required to determine credit eligibility.</description>
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      <description>The issue asks whether input tax credit is available on GST paid for numerous profit-and-loss expense heads. The reply states that some listed expenses are not subject to GST, some fall under the reverse charge mechanism, and GST rates and treatment vary by expense type; therefore, individual queries for each expense are required to determine credit eligibility.</description>
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