itc on jewels

ITC / Input 214 views 5 replies
my client( firm) has purchase jewels. can take 3% input for July 3b return ?

itc available ?
Replies (5)
itc not available since jewellery is for personal use and not business use.
ITC not available for Personal use except the Same Business dealer.
If used for resale (trading) purpose, ITC can be claimed.
thanks for valuable answer
You are most welcome... ..


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