ELE 0.00% 0.5¢ elmore ltd

Ann: $415k GST Credit Availed, page-27

  1. 456 Posts.
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    Avail: Verb (used with object) 1. to be of use or value to; profit; advantage:

    Being able to Avail OR to be able to Offset your GST payments against a Permissible Credit in the GST regime is Good.

    Not so easy to get approval for that, just be thankful that NSL was able to get it, or shall I say, can Avail/take advantage of it.
    This is the Indian Bureaucracy, mind you having said that no different to Australian bureaucrats, the same same world over (Power & Influence) and can give you hell of a hard time and make you jump through many obstacles, if they want.

    Not withstanding any of that, Good for the company & Us as shareholders, Yes?
    Sales/Profit are a different issue, which time will tell and so will the SP.
 
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