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ITC on waste?
I bought 100 tons of scrap, on which tax was paid, then sold 50 tons of scrap and if 50 tons of waste came out, what would happen to the 50 tons of ITC
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Factory se purana scrap liya or tax paid kiya. or 100 tons me se kewal 50 tons hi scrap market me sale k liye sahi nikla. baki sab kachra tha.jo kisi kam ka nhi tha. lekin input tax credit pure 100 tons ki available he to us 50 tons ki input ka kya treatment krna pdega.
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