banner_ad

input items taxable taxable and sales exempt

ITC / Input 207 views 3 replies
hii just want to know if the purchase of goods which I bought for purposr of rakhi making but at the same time the final product I.e. rakhi is exempted.


shall I have refund of Gst paid on purchase??

thanks
Replies (3)
you cannot claim ITC In case of exempt supply so no question of refund arises
all itc to be reversed under section 17 read with rule 42

or if the goods are chargeable to tax at 0% than can i have a refund of gst paid on purhcase?


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details