ITC Set off Available or not


This query is : Resolved 

Quick Summary
This discussion clarifies whether Input Tax Credit (ITC) accumulated from a garment business can be used for a new catering business that charges 18% GST. The consensus is that ITC is indeed available for the catering business. It also confirms that manufacturers can claim ITC on raw materials and related purchases.

28 February 2021 Dear Sir / Madam,

One of my client his doing Garment business know his want to start Catering Business with charge 18% gst so my question is in his Gst portal in Credit Ledger itc available Rs.80,000 which is related to garment business so he is availed itc under catering business or not .

01 March 2021 Yes, he can avail ITC in catering.

01 March 2021 Thank You Sir I want to know he is Manufacture so in this case also ITC available on Raw material & Purchase related accessories and is there any notification.

01 March 2021 For manufacturer also ITC available on raw materials and all other inputs.


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