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Adaikkalaven Muthu   11 March 2021

ITC ON GOLD PURCHASE

I am GST delear and I have purchased gold, can I avail the input tax of such purchase please clarify


 4 Replies

Sourav

Sourav (Student)     11 March 2021

Yes you can claim
Adaikkalaven Muthu

Adaikkalaven Muthu   11 March 2021

But I am a textile spares trader can I claim ITC still?
Sushil

Sushil (Accountant)     11 March 2021

If not in gold business, you're not allow to take itc on gold purchase
1 Like
Pankaj Rawat

Pankaj Rawat (GST Practitioner)     14 March 2021

No you cannot .

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