Can i claim input credit for Zero rated sales?
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Input credit details
Replies (3)
Hi Guru,
Yes you can claim Input tax credit on Zero rated goods.
Illegally you can claim input on Zero Tax goods...
But If you want to do business legally, then you cann't take input on zero tax goods.
Piyush Tanwar
Article Assistant
Tiwari & Associates
New Delhi
M- 09717468521
Email - imcoolpiyush.tanwar @ gmail.com
Check this link for reference
https://caclubindia.s3.amazonaws.com/cdn/files0512/59_vat.pdf
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