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Itc available or not

This query is : Resolved 
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(Querist)
08 August 2011
i have purchase taxable raw material and sale the exempt goods. can we claim ITC on purchase of raw material. if not claim ITC please provide brief note/circular.

Regards
Amit K. Agarwal
Tax Consultant
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CA Ayush Agarwal

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CA Ayush Agarwal (Expert)
08 August 2011 No You Can't Claim.

Since Any Input Using For Non Taxable Goods Credit Cant be Taken.

Regards,
Ayush Agrawal
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C A S.S.Agarwal, M.Com.,LL.B,

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C A S.S.Agarwal, M.Com.,LL.B, (Expert)
09 August 2011 I agree with the expert
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