We are the manufacturer of Footwear and our all sales are of 5% GST. And we purchase goods at different rates of GST i.e. 5%, 12% & 18%. So we are taking the refund of this difference.
Sir, my query is that we have purchased some capital goods like Machinery & Tempo for Goods transporting. Can we take the Refund of ITC on the above capital goods?
Please guide us on how to treat this ITC in GST Return.
CAclubindia
