regards ITC

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44 Points Posted on 20 December 2018
can ITC be claimed for intermediate product utilised in production of milk? however final product milk is exempt for GST while selling.
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On 20 December 2018 at 23:25 Report
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Self employed
2193 Points Posted on 20 December 2018
No, If Your Output Is exempt u Can't Claim Itc On Your Inputs
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On 20 December 2018 at 23:28
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CA Final student
7106 Points Posted on 21 December 2018
No you cannot claim if your final product is excempted.
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On 21 December 2018 at 10:05
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44 Points Posted on 21 December 2018
can u quote me with relevant sections and rule if any.
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On 21 December 2018 at 11:07
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CA Final student
7106 Points Posted on 21 December 2018
section 17(2) of gst act
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On 21 December 2018 at 12:18

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