GST problem
This query is : Resolved
Quick Summary
VP Account Team
(Querist)
02 June 2023
We are Electric Trader but for construct Godown we purchase cement and steel, where we received Input Credit on Cement & steel and also we want sale excess steel and cement with GST is it allow?
CA R SEETHARAMAN
(Expert)
03 June 2023
Yes it's allowed ITC can be claimed on the quantum of sale.
Message likes :
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VP Account Team
(Querist)
03 June 2023
under which section its allow to claim ITC on different material i.e. steel and cement
CA R SEETHARAMAN
(Expert)
04 June 2023
Did you purchase cement and steel on b2b basis and ITC reflected in GSTR 2b in such a case claim ITC proportionately.
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