“Any registered person can avail credit of tax paid on the inward supply of goods or services or both which is used or intended to be used in the course or furtherance of business except specifically exclude" the provision says.
Which means you can take input credit of revenue expenses incurred for business.
| Originally posted by : PRATHIMA REDDY | ||
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can we claim credit on revenue expenses incurred for the business in gst |  |
Yes
Naveen Fintech Pvt Ltd
Kolkata
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Gupta Sachdeva & Co. Chartered Accountants
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