Goods purchased GST Rate is 18%


This query is : Resolved 

Quick Summary
A business purchased raw materials for shoe manufacturing at an 18% GST rate but sells the finished shoes at a 12% GST rate. The query concerns whether the business can claim the full 18% input tax credit on their purchases. The advice given is that claiming the 18% input tax credit should not pose a problem, despite the difference in GST rates between purchases and sales.

05 March 2022 Goods purchased GST Rate is 18% but Goods sold GST rate is 12% , can i claim GST Input at 18% or will may arise any problem to claim GST Input.

06 March 2022 What is the nature of goods. Why your purchase rate is more and selling rate is less.

06 March 2022 sir,
Raw material purchased to make shoes @18% GST Rate and sale rate of Goods @ 12 GST Rate.

07 March 2022 Claim GST Input at 18% no problem.



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