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INPUT gst claim
If a dealer deals in both exempted and Taxable Goods and he had paid auditors fees with GST so according to this can i claim full Input of GST or proportinate base to disallow for Exempt.
Replies (4)
Quick Summary
Yes you can claim ITC
Yes, input claimable .
If i am engaged in exempted product than to i can claim full ITC??
If u can apportion itc on taxable and exempt goods then 1st take full itc of audit fees then reverse the amount of itc apportionable on exempt supply one criteria for apportion can be turnover
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