ITC ON EXEMPT SUPPLY

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rajesh behl (Querist)
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29 January 2020 We have a Petrol Pump business and sell Petrol & Diesel only, which are Non GST items. Every month we receive and pay bills for Rent, Repair, Stationery etc on which GST is charged. We don't claim any ITC on these bills. Now my question is, how should I show it GSTR 3B ? (Presently I do not show it in any return)

CS Advocate Abhishek Goyal

CS Advocate Abhishek Goyal (Expert)
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30 January 2020 you don't have to show it in 3B.

rajesh behl

rajesh behl (Querist)
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31 January 2020 Sir...but some one has told me that we should first show all ITC in "Eligible ITC" and then show them as reverse in "ITC reversed under rule 42".

CS Advocate Abhishek Goyal

CS Advocate Abhishek Goyal (Expert)
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31 January 2020 No that will not be correct treatment.

rajesh behl

rajesh behl (Querist)
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01 February 2020 Thank you ..sir...!!

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