As per section 16, ITC is disallowed on goods and services which are not used for furtherance of business.
But yes, if u deals in sale and purchases of coffee, you can claim ITC.
Your are not logged in . Please login to post replies Click here to Login / Register
More recent discussions | Post
K A R M & CO
Mumbai
CMA
CHARUPREETI & CO
Noida
Graduate (Any)
PARV & Co.
New Delhi
CA Inter
Kothari Jain Patil & Chartered Accountants
Pune
Twenty Point Nine Five Ventures Private Limited
Chirag P Shah & Co. Chartered Accountant
B.Com
ULTRA CHEMICAL WORKS
Thane
CA Final
RRPM & ASSOCIATES LLP
Chennai
India's largest network for finance professionals
Alternatively, you can log in using: