Dear sir,
I have purchase the motor for agro - machinery manufacturing purpose at gst @ 18 percentage
after I sale of agro machinery (that motor included in machine) sale to customer gst @ 5 percentage as per hsn code
it is correct
pls advice me
thanks & regards
karthik
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rate of tax for manufacturing clarification
Replies (3)
Yes, Correct...... While you can take ITC of the GST paid over motor
thanks sir
Most Welcome........
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