Please tell me, can we take input credit of gst paid on jwellery purchase...
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Input credit of gst on jwellery purchase
Replies (3)
If you are jewellery dealer than you can. If you purchases this jewellery for personal use than you can’t.
| Originally posted by : prashant jain | ||
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Please tell me, can we take input credit of gst paid on jwellery purchase... |  |
ITC Blocked as per Se. 17 of Below mentioned details
Goods or services or both used for personal consumption;
If jewellry taken for sale purpose in business, ITC can be claimed else not possible.
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