Itc agst export
This query is : Resolved
01 November 2014
Dear Sir,
I purchased Good on Local Purchase @1000/-+Vat13.5%.And sold as Export sales to Bhutan without any taxes & duties as per act.Can I avail ITC on purchase ???
Can anybody clarify me ....
I purchased Good on Local Purchase @1000/-+Vat13.5%.And sold as Export sales to Bhutan without any taxes & duties as per act.Can I avail ITC on purchase ???
Can anybody clarify me ....
Harsha goyal
(Expert)
02 November 2014
yes ITC can be availed.
MJ Krishnamurthy
(Expert)
02 November 2014
Here ITC becomes excess. If it is not adjusted refund can be claimed....mjk
Harsha goyal
(Expert)
03 November 2014
Yes Sir . .
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