Question69: My doubt is if I have Rs. 1 lakh ITC as per ITC credit ledger in March 18. can I carry over that credit to the next financial year'. I am a registered supplier doing business of manufacturing garments

Answer Yes, you can carry forward the ITC balance at the end of the year to the next financial year. whereas ITC in electronic credit ledger at the end of financial year automatically carry forward in next financial year. (Reply dt. 12/3/2018)