Easy Office

Gst input credit on proportionate

This query is : Resolved 
Profile Image

Profile Image

(Querist)
21 February 2019 if we are providing taxable services as well as exempt services, How to determine the credit attributable to exempt supplies. please let me know the formula of proportionate ?
Profile Image

CA CS Chirag

Profile Image

CA CS Chirag (Expert)
21 February 2019 proportionate based on turnover

ITC of Exempt Service = Total Exempt service * ITC / Total Turnover
Profile Image

CA NEERAJ SHARMA

Profile Image

CA NEERAJ SHARMA (Expert)
21 February 2019 Go through rule 42 & 43 of Gst




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


Easy Office

Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links