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Itc agst export

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(Querist)
01 November 2014 Dear Sir,
I purchased Good on Local Purchase @1000/-+Vat13.5%.And sold as Export sales to Bhutan without any taxes & duties as per act.Can I avail ITC on purchase ???

Can anybody clarify me ....
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Harsha goyal

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Harsha goyal (Expert)
02 November 2014 yes ITC can be availed.
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MJ Krishnamurthy

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MJ Krishnamurthy (Expert)
02 November 2014 Here ITC becomes excess. If it is not adjusted refund can be claimed....mjk



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Harsha goyal

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Harsha goyal (Expert)
03 November 2014 Yes Sir . .

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