Menu
Gst paid on goods
if goods purchased from registered dealer on which Gst paid then sold to customer... Is the ITC allowed to purchaser on Gst paid...
Replies (2)
if purchased good are used in course of furtherance of business then ITC allowed
@ Naresh.,
Yes... Why not...?!
Your supplies are Taxable then You can claim ITC. You can sell Your goods to anybody...
Collect GST Tax from Your supplies and Adjust with Your ITC then Pay/ Carry Forward Your GST Tax.
Yes... Why not...?!
Your supplies are Taxable then You can claim ITC. You can sell Your goods to anybody...
Collect GST Tax from Your supplies and Adjust with Your ITC then Pay/ Carry Forward Your GST Tax.
Recent Topics :
- Rcm on rent paid
- Clarify on GST Application
- Residential status for overseas students visitin
- Capital Gains Tax
- LTCG 112A and business loss
- FAST-DS 2026 applicability: foreign employee share
- NRI Property Sale in India: TDS Rates and Key Comp
- Clarification on September 2026 PF Calculation for
- DRC-03 interest paid under CGST/SGST instead of IG
- GSTR1 amendment Bulk bills
Related Topics :
CAclubindia
