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Input tax credit

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(Querist)
28 November 2017 Can input tax credit of tax paid on raw materials purchased for say A business (Works Contract) be taken against output tax payable of say B business (Renting of Motor Vehicle)? GST No and prop. is same.
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Mayur

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Mayur (Expert)
29 November 2017 Yes definitely. There is no bar on the utilization of credit in cross business as far as GST number is same.

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