ITC ON BIODIESEL.


This query is : Resolved 

Quick Summary
This discussion clarifies whether Input Tax Credit (ITC) can be claimed on biodiesel. The consensus is that ITC is claimable if biodiesel is used as an input for a taxable supply and in the course or furtherance of your business. Specific notification numbers for this are not provided in this excerpt.

14 December 2020 CAN ITC BE CLAIMED ON BIODIESEL.?? AND IF YES THAN WHAT IS THE NOTIFICATION NUMBER.

14 December 2020 Yes you can claim if used in the course or furtherance of business.

15 December 2020 What is the usage. If biodiesel is used as input for taxable supply then ITC can be claimed.


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