Input Tax Credit

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43 Points Posted on 11 January 2018
Mineral Water bottle purchased in Bulk on which GST is charged. can we take Credit for the same ?
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On 11 January 2018 at 13:34 Report
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PROFESSIONAL
1777 Points Posted on 11 January 2018

if the water is to used in the course of business or in furtherance of business, the credit is admissible.

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On 11 January 2018 at 13:38
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GST
3925 Points Posted on 11 January 2018
no you cant avail ITC on it ...
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On 11 January 2018 at 14:00
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GST
3925 Points Posted on 11 January 2018
if you doing business of mineral water then you can claim
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On 11 January 2018 at 14:00

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