Refund on ITC for trading of E Rikshaw

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124 Points Posted on 05 July 2021
Sir/Madam, We purchased the parts of E rikshaw i.e. Battery, Tyre Tube, and others parts. After assembling the all parts we sale the R rickshaw. Pls tell me can I am avail the refund under ITC category.
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On 05 July 2021 at 14:51 Report
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Quick Summary
This discussion clarifies whether Input Tax Credit (ITC) can be claimed on parts purchased for assembling and selling E-rickshaws. The consensus is that if you are involved in the further supply of the assembled E-rickshaws, you can indeed avail ITC on the parts. You can claim this credit when filing your GSTR-3B.

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CMA
13117 Points Posted on 05 July 2021
Since you are into further supply, ITC can be availed
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On 05 July 2021 at 15:02
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CA
1258 Points Posted on 19 July 2021

You can claim the Input tax credit (ITC) while filing your GSTR-3B

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On 19 July 2021 at 22:24

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