Sir my Friend is started a petrol pump in the month of August in Karnataka state. he has taken get registration, pump is not started, he purchase electronic goods , iron, steel, etc for pump purpose, he can claim input tax credit
Petrol pumps also sell engine oils, grease and other products on which they will have to pay GST . So in my view, ITC can be taken and setoff with outwards gst supplies.
CAclubindia
