GST ISSUE OF INPUT AND OUTPUT GST
This query is : Resolved
TARIQUE RIZVI
(Querist)
30 September 2026
Dear Sir
A firm has set up a freezing and processing plant where all the machinery were purchased inclusive of GST. Will the firm be able to claim a set-off for the Input Tax Credit (ITC) accumulating on the portal? This is relevant because when the firm issues the bill for job work to the customer, it will charge GST on that service.
With kindest regards
TARIQUE RIZVI
982 1630 130
A firm has set up a freezing and processing plant where all the machinery were purchased inclusive of GST. Will the firm be able to claim a set-off for the Input Tax Credit (ITC) accumulating on the portal? This is relevant because when the firm issues the bill for job work to the customer, it will charge GST on that service.
With kindest regards
TARIQUE RIZVI
982 1630 130
Dhirajlal Rambhia
(Expert)
01 October 2026
Yes, the firm will be able to claim a set-off for the Input Tax Credit (ITC) accumulating on the portal.
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