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48 Points Joined July 2020
Yesterday I have bought sweets from Bakery... The shopper collected Tax 5%.

So this input tax eligible to claim.

anyone answer this question friends.
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On 26 October 2020 at 21:16 Report
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285 Points Joined April 2020
Are you a registered person under gst
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On 26 October 2020 at 21:24
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7 Points Joined September 2019
It is block credit.
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On 26 October 2020 at 21:25
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Accountant
175 Points Joined February 2015
Yes if the party have issued GST complient Invoice.
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On 26 October 2020 at 21:27
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48 Points Joined July 2020
Yes I have GST number Regular
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On 26 October 2020 at 21:47
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285 Points Joined April 2020
If the sweets are used for providing outward supply, then you can avail. If it is used for providing to your employees or for your personal purposes then it comes under blocked credit
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On 26 October 2020 at 21:58
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48 Points Joined July 2020
Ok sir I understand the concepts. Thank you for your kind replies.
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On 26 October 2020 at 22:00
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34 Points Joined August 2020
If it's further sold then allowed otherwise no
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On 26 October 2020 at 23:46

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