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recovery of tax paid

178 views 4 replies
1.hello frnd can any body advice me on tax paid on purchase of cotten seeds,as raw material for making deoiled cake.
2 can I claim ITC.
3.Any body in ujjain district claim it.
Replies (4)
But cotton seed is exempted,.
If you have paid tax on purchase, You can claim ITC.
ITC on inward supplies made for exempt outward supplies is not allowed
In my view, Mr ram is/ may be a manufacturer, so he can claim ITC on his inward supplies.

As the cotton seed is exempted, then there is no gst on outward supplies. Therefore if he claims or not claim itc then there is no use of claiming ITC.


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