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DIAGNOSTIC CENTRE ITC
Can we claim ITC for diagnosis centre? on purchase bills?
Replies (9)
What business you are in?
But its exempted from GST ,.. can u elobarate ur query
client has purchased machines for diagnostic centre with GST. can client claim ITC and get refund. Because client has exempted services. please advise
No he will not get the refund. GST will be totally expenses off.
so what happens to ITC ?
You cannot avail ITC. Treat the ITC as expenses instead of asset in books of accounts. In Gstr-3b 1st show the ITC in all other ITC and then in reversal column as per rule 42.
You cannot avail ITC. Treat the ITC as expenses instead of asset in books of accounts. In Gstr-3b 1st show the ITC in all other ITC and then in reversal column as per rule 42.
Yes u cannot avail ITC as per section 16 cgst act
thanks a lot
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