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gst Set off (itc)
I have proprietorship, I m investing few amount in gold, I have received bill with GST, this bill could we take for GST set off.
Replies (5)
No..... if you purchase gold for personal use...
if bill is taken in the firm name, then also not used for set-off
No as same is ineligible u/s 17(5)
thanks a lot
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