12A banfits in gst
Jamal Uddin Siddiqui (350 Points)
11 December 2020now I want purchase medical equipment and machine. how I take banifit of gst examtion on purchasing of machinery.
Jamal Uddin Siddiqui (350 Points)
11 December 2020
APURBA CHATTERJEE
(QUALIFIED CHARTERED ACCOUNTANT)
(602 Points)
Replied 12 December 2020
Pursuant to Notification No. 12/2017-CT(R), dated 28 Jun 2017, Government has exempted services by way of charitable activities,
provided by charitable organisations from the levy of GST..
So When final supply is exempt, credit of GST paid on inputs would not be available
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