Itc claim on puchases, which produce exempted gst products..
This query is : Open
T SHASIDAR
(Querist)
21 June 2018
We are purchasing the Paper which will use for Printing of Text Books , Those books will be sale on nil rated GST,
Can we Claim ITC on Paper Purchase in this particular case...?
And some times we will use those paper for many jobs like Produce Nil Rated GST OTC bills and Some rated GST OTC bills... Please Clarify this issue and help me...
Can we Claim ITC on Paper Purchase in this particular case...?
And some times we will use those paper for many jobs like Produce Nil Rated GST OTC bills and Some rated GST OTC bills... Please Clarify this issue and help me...
21 June 2018
IS IT 100% Eou can you confirm., 100% EOU we can take the credit
T SHASIDAR
(Querist)
21 June 2018
Sorry sir, What is mean by EOU
T SHASIDAR
(Querist)
21 June 2018
Sir, We are not under EOU (Export Oriented Unit)
21 June 2018
why it is selling nIL rate., it is test purpose or free of cost., the final product if you charge GST you can take credit and it is for test and trail and personal purpose we cannot take
21 June 2018
@ Mr. T SHASIDAR.,
If Your Outward supply is Exempted then You can't avail ITC for the Purchase of Raw Material...
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