03 September 2017
Usable item for beauty parlor cosmetic product(GST rate 28%) but GST rate for beauty parlor service(GST rate 18%) so what is my ITC eligibility 28% OR 18%.
03 September 2017
GST paid on input used for furtherance of business or in the course of business will be eligible for ITC. Whatever GST has been paid on cosmetic product will be eligible for adjustment to the maximum extent,against GST payable on outward service i.e Beauty parlor service.
CAclubindia
