We are liquor manufacturer and paying GST on various Raw materilas purchased.Since there is no output tax on Liquor o.e exempt from GST.Can we claim refund on the input tax paid on raw materials and if yes what is the process to claim refund.
Menu
Refund of input tax
Replies (3)
No you cannot claim Refund, infact has to reverse ITC as your outward supply is not taxable
Thanks pankaj,Infact we have charged off the GST part.
You are always welcome .
you should charge (as includes in your cost)
you should charge (as includes in your cost)
Recent Topic
- Amount distributed by a Co-op. Hsg Society to its
- Delayed reported invoice in GSTR1
- Kusumgar IPO Listing Date: Shares Debut on BSE, NS
- When is Diwali in 2026? Date, Muhurat Timing and D
- Amount received by son from PPF closure proceeds o
- Clarification on Nature of Payment Code for NRI Pr
- Fee received as Independent Director
- Correct way to show income from annuity in ITR
- ITR 3 issues
- What after death of proprietor
Related Topics
CAclubindia
