Dear Sir, We are purchasing machine blades for paper cutting purpose. We are booking the purchase of same in consumables. Is this right.
If yes, can we claim GST Input of the same as supplier is Reg in Gst and filing GSTR 3B.
Yes, No problem get full ITC on consumable items due to used in furtherance of business.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
