ITC eligibility Bill to India Ship to Overseas
This query is : Resolved
17 August 2023
Sir,
Facts:
Company X of India Purchase of Goods from Company Y of India, but instruct Y to ship to Outside India to agent to carry out testing (goods not going to return as on testing it going to destroy ) and foreign agent (Lab) send testing report to India.
In above case Company X is eligible to Claim ITC?
Facts:
Company X of India Purchase of Goods from Company Y of India, but instruct Y to ship to Outside India to agent to carry out testing (goods not going to return as on testing it going to destroy ) and foreign agent (Lab) send testing report to India.
In above case Company X is eligible to Claim ITC?
CA R SEETHARAMAN
(Expert)
18 August 2023
ITC can't be claimed as it's free sample sent for testing.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Amount transferred in HUF Account
- Nursery business
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- TDS on Dashcam rent and allied services
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- Working on Gold wastage during Melting of old gold jewellery
- GST input credit on commercial property
- Section 269ST applicability for capital introduced by partner to his partnership firm
- Intimation under section 245
- ETDS return q4 25-26
- GSTR-9C filing
- Royalty payments to the Mining Department for procurement of murum - GST input
- HOW TO ADJUST CREDIT NOTE AMOUNT ?
- Import Order Cancelled.
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
