A Textile Jobworker Can Claim Input Tax Credit On Thread,Buttons,Zippers used In Job Work Process???
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Itc on goods used bu jobworker
Replies (5)
Yes u can avail ITC
No....... Your principal is eligible to claim ITC if goods supplied from principal's place of business....
Sorry agree to CA Rashmi, actually misread the query
Madam Jobworker Is Registered In GST..And He Purchased Material Like Thread,Buttons,Zippers,Etc.On His Own Not Supplied By Principal And Charged Accordingly In Invoice as Job Work Charge and Charged 5% GST. In This Case he his eligible to Take ITC on Thread,Buttons Etc
then he claim ITC....
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