How the gst charged on goods purchased by trust (which exempt form gst registration) will be treated?? How can trust can claim itc
5 Replies
Sundararajan S
(Final Student of ICAI)
(1764 Points)
Replied 13 December 2018
When there is no GST registration, there is no question of claiming ITC.
Ashish Bansal
(CA)
(1036 Points)
Replied 14 December 2018
When trust is not liable to pay GST, it cant seek refund of GST. What good will you do even if you avail the ITC? So the logic is clear, claim that as expense.
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