A petrol pump dealer deals in petroleum product (non gst supply) znd lubricant product ( covered under gst).
Can he claim input on security expenses, pur. of capital good, other camera installation exp. , or other similar nature exp. which is allow under gst for claimming input.
so plz help whether such dealer can claim input or nott..
lubricant supply is only 5 percentt represent..
 
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"Do the Right Thing...!!!"

Yes... He can avail ITC.
 
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Under the provision of GST in relation to ITC credit on goods , Service or both, he shall avail proportionate credit in respect of supply.
in that case taxable supply is only 5% so he shall take the 5% credit of total ITC of GST.

Total likes : 2 times

 
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yah i appreciate ur views...
thanx rajnish sirr
 
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