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What is Definition under CGST

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Daya

Daya (Querist)
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11 May 2022 what is input tax under GST.
What is Input services under GST.
what is Input capital Goods under GST

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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12 May 2022 An Input tax is a tax that you would pay or have to pay upon your purchase of materials or services towards the input for the production of such goods or services that you sell as output.

Input service means any service used by provider of output service for providing an output service

Input capital goods means capital goods used or intended to be used by a supplier in the course or furtherance of business.

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