Input tax credit

ITC / Input 213 views 1 replies
Under GST

1. for production of tax free goods if consumed taxable goods than what will be the tax credit ?

2. If taxable goods purchase from URD and sale to RD and URD also.
-- in this circumstances liability for payment of GST on purchase will be purchaser and collection of GST also seller for register dealer.

than setoff of purchase tax can adjusted in output tax ?

3. Input GST related to purchase of goods and services can be available in any output GST ?
Replies (1)
1. eligible for Credit on purchase and it will be refunded.
2. yes
3. yes


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 12 March 2026
Customer Relationship Executive

TAXLET

Calicut

B.Com

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

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 14 March 2026
Article Trainee

N N V Satish&co

Hyderabad

CA Inter

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details