ITC reversal
This query is : Resolved
23 December 2019
Respected SIr / Madam
As we are manufacturing coke. and we are generating power (electricity) free of cost and what ever we exp made to generating power we are not claiming input.so than no any amount should i reverse. because whatever exp made for manufacturing coke we are claiming input. plez confirm me.
As we are manufacturing coke. and we are generating power (electricity) free of cost and what ever we exp made to generating power we are not claiming input.so than no any amount should i reverse. because whatever exp made for manufacturing coke we are claiming input. plez confirm me.
23 December 2019
Reversal required only for common expenses for which ITC is claimed.
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