rule 42 and 43

Both rule prescirbes rule for Reversal of ITC

Rule 42
Manner of determination of input tax credit in respect of inputs or input services and reversal
The supply made partly for Business and partly other purpose , the ITC has to be reverse the supply attributed to other purpose.

Rule 43
Manner of determination of input tax credit in respect of capital goods and reversal thereof . The capital used in supply of Taxable & non taxable supplies , the ITC claim on capital goods has to be reverse in proportion to Non Taxable Supply

For Eg

capital goods over the useful life of 5 years.

1. Calculate monthly credit - ITC ÷ 60, say TC

2. Calculate ITC attributable to exempt supply - TC x Exempt Supply ÷ Total Supply for the month

3. Reverse the same for every month

thank you sir...

YOU ARE ALWAYS WELCOME DEAR

I have no idea. I'm sorry