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GST allowable or not ?

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03 December 2021 Is GST paid by normal tax payer allowed as expense under Income Tax Act ? Please give reasons. Then why is it so allowed in case of composite supplier ?
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
04 December 2021 For Normal Dealers it is not allowed as expense because it is available to be recovered from purchaser. Only excess amount after claim of ITC is paid by the dealer.
While for composite dealers it is actual expense or cost to purchase.
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