sir
we are dealing textbook and selling to various customers and individuals.we have a paper purchase from local parties and also Interstate parties. Is there any problem for taking purchase input tax for monthly return purpose.!
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input tax eligibility?
Replies (6)
No issue in taking credits provided that text books are taxable
No more issues for taking Input Credit....
What is the Tax rate for the Text book...? It's exempted or Taxable...?
What is the Tax rate for the Text book...? It's exempted or Taxable...?
it's exempted. but one of a consultant told me that if u r dealing non taxable item. so u can't take input tax of purchase.
If textbooks are exempt then no credits available
is there any rule or act pls share sir I need to show my superiors.
Section 17 of cgst
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