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GST credit

ITC / Input 250 views 7 replies
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1 Points Posted on 09 March 2019
My supplier pays GST when he purchases the raw material. When he sells, he is not able to charge GST since our product falls under 0% GST. How would he claim his refund?
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On 09 March 2019 at 00:10 Report
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Student
7053 Points Posted on 09 March 2019
are all of his supplies under exempt supplies?
2 Reply
On 09 March 2019 at 11:18
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9873059766 Increasing knowledge through
296 Points Posted on 09 March 2019

In which product are you dealing?

Also inform why GST is 0% due to exemption or export?

 

 

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On 09 March 2019 at 12:51
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Student
7053 Points Posted on 09 March 2019
this is too my query?
2 Reply
On 09 March 2019 at 14:09
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16 Points Posted on 09 March 2019
There is no refund for this supply. you include GST on your raw materials cost.
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On 09 March 2019 at 19:10
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Student
7053 Points Posted on 09 March 2019
from the point mentioned by you it seems you deal in non taxable supplies, hence input tax availability is not possible 😭
1 Reply
On 09 March 2019 at 19:32
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7059 Points Posted on 10 March 2019
thank you and congratulations
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On 10 March 2019 at 13:01
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Ceo
3869 Points Posted on 10 March 2019
@ subhgam ill kick your ass off
1 Reply
On 10 March 2019 at 14:54


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