ITC ON GOLD PURCHASE

I am GST delear and I have purchased gold, can I avail the input tax of such purchase please clarify
Replies (4)
Quick Summary
This discussion clarifies the rules around claiming Input Tax Credit (ITC) on gold purchases for GST dealers. Generally, you can claim ITC on gold if it's part of your business operations. However, if you are not in the gold business, such as a textile spares trader, you are typically not eligible to claim ITC on gold purchases.

Yes you can claim
But I am a textile spares trader can I claim ITC still?
If not in gold business, you're not allow to take itc on gold purchase
No you cannot .

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