ITC AVAILABLE?
This query is : Resolved
04 October 2017
If my outward supply is nil rated and some of inward supply is taxable, can I claim ITC?
04 October 2017
You can't claim ITC in case of exempt outward supply.
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04 October 2017
flour is exempted?
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04 October 2017
non branded flour*
04 October 2017
Yes it is exempted....................
04 October 2017
thankyou sit
04 October 2017
thankyou sir
04 October 2017
No you cant claim as same is for exempted supplies..
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04 October 2017
thankyou Rashmi Ma'am
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04 October 2017
Welcome......My pleasure......
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05 October 2017
This is a very big problem with the dealers dealing in Exempted Goods / Services. This is causing heavy burden on such industries. Sec 9(4) is a big blow for such dealers dealing in exempted items.
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