Poonawalla fincorps
Poonawalla fincorps

Gst on taxable and exempted

This query is : Open 
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(Querist)
10 April 2018 Sir
One person has two businesses.
1) Sale of cement which is TAXABLE.
2) Transporting agricultural produce(Palm oil fruuits) to Ruchi soya industries Ltd which is EXEMPTED services.
Now my question is can both the inputs from two businesses can be claim (or) only TAXABLE sales input is only to be claim.
Please clarify.Thanku in advance
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CA Rashmi Gandhi

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CA Rashmi Gandhi (Expert)
11 April 2018 You can claim whole ITC I.e on both exempted & taxable supply.....

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