Menu
Input on beverages
Does the trader of cold drinks,soda & other confectionery items is eligible for input tax credit of the same items on purchase??
Replies (3)
Yes, you can claim ITC on beverages
Yes.... He can...
No more restriction for taking ITC for the Same Business activities.
No more restriction for taking ITC for the Same Business activities.
You can take ITC only if your regular type. If you are composition dealer then ITC cannot be claimed.
Recent Topic
- Business income source for husband and wife
- Set off of LTCL against STCG under section 536(2n)
- Audit Workflow tool
- Is CA through direct entry easy for a commerce stu
- Dividend and withholding tax - DTAA- RSU
- NRI Query: Capital Gains Tax Exemption under Secti
- Royalty payment to UK
- Calculate ITR2 tax with equity and non equity prof
- LTCG on residential property sale - Rebate?
- TDS MISMATCH AND AIS
Related Topics
CAclubindia
