ITC QUERRY

what to do with the itc of goods taken earlier as goods are taxable at that time but from 18/july that goods become exempt kindly elaborate the issue provide solution
Replies (3)
Quick Summary
This discussion addresses a common GST query regarding Input Tax Credit (ITC) for goods that were taxable but later became exempt from 18th July. It seeks clarification on how to handle previously claimed ITC for these now-exempt items. The conversation points towards examining time of supply provisions under GST, specifically Section 17(3), to find a resolution.

Reverse ITC claimed in respect of goods which became exempted from 18 July.
Maam can u please provide any link of article or section governing this
Read time of supply provisions in GST with Section 17(3)

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
06 July 2026
Accountant

Agarwal Anoop and Associates

Noida

CA Final

View Details
Company
Featured 18 July 2026
Senior Manager- Finance & Accounts

apricus india

Ahmedabad

CA

View Details
Company
31 July 2026
Senior Accountant - Bunia, Democratic Republic of Congo

AD GLOBAL LTD

Mumbai

B.Com

View Details
Company
06 July 2026
Chartered Accountant (Indirect Taxation)

Gowra Ventures Pvt Ltd

Hyderabad

CA

View Details
Company
ARTICLESHIP 16 July 2026
Article Assistant

G A R U D & Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 10 July 2026
Article Assistant

N S Gokhale & Co

Thane

CA Inter

View Details
Company
ARTICLESHIP 08 July 2026
Article internship

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
23 July 2026
Senior Accountant

Felicity Adobe LLP

Bengaluru

CA Inter

View Details
Follow