Input on capital goods ...

i am a registered dealer..i have purchased certain goods for maintenance for my shop where i sell vegitables ..can i claim input for that..? pls reply ..thanks in advance
Replies (4)
Quick Summary
This discussion clarifies whether a registered dealer selling vegetables can claim input tax credit (ITC) on goods purchased for shop maintenance. Since vegetables are considered an exempt supply, generally, ITC cannot be claimed. While some specific circumstances like IGST paid on imports might allow for a refund, standard purchases for an exempt business typically disqualify you from claiming ITC. It's advisable not to claim ITC if your outward supply is entirely exempt.

Vegitables are under exempt supply ( you are not collecting GST on sale of vegetables), therefore on exempt supply ,you can not claim input tax credit .
If you are selling vegetables it's under exempted supply. So you cannot claim input under any circumstances.
If it purchase from out side India and u paid igst as per challan,u may claim refund as per igst challan.or purchase from other gst dealers u can not claim ITC. because u supply exempted goods only.
Yes you take the input , but need to reverse it every month in proportion exempted sale with interest.
(Refer Rule 42 of CGST Act)

Thus it's better not claim ITC if you Outward Supply is exempted.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
14 October 2026
GST & TDS ASSISTANT

AGGARWAL SANJAY & ASSOCIATES

New Delhi

B.Com

View Details
Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details
Company
12 October 2026
AUDIT , ACCOUNTS AND TAXATION

KDSS

New Delhi

B.Com

View Details
Company
19 October 2026
Accountant

Jari Saree Center

New Delhi

Others

View Details
Company
05 October 2026
Senior Accountant

Vision IT Peripherals Pvt Ltd

Mumbai

B.Com

View Details
Company
30 September 2026
Senior Accountant

Codeboard Technology

Chennai

B.Com

View Details
Company
ARTICLESHIP 28 October 2026
Article assistants

Shyam S Gupta and Company

New Delhi

CA Inter

View Details
Company
24 October 2026
CA Industrial Trainee

Fytomax Nutrition Private Limited

Aurangabad

CA Inter

View Details