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Itc on fertilizer for sugar mills
is itc eligible on fertilizer given to farmers by sugar mill to increase productivity and quality of sugarcane produced,as sugarcane is an exempted and intermediate item
Replies (2)
My opinion itc can be take, due to your final product is not exempted. it was business promotion
It's my opinion if as term with farmer to provide fertilizer than it is purchase cost and input applicable. if it's business promotion then input is not applicable.
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