Easy Office
LCI Learning

INPUT TAX CREDIT SET OFF - TWO DIFFERENT BUSINESS

This query is : Resolved 
Profile Image

Profile Image

(Querist)
15 March 2022 An assessee has two different businesses under one GST registration. Both are fully taxable. Can we use ITC of one business to set off Outward liability of other?
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
15 March 2022 Yes, being single registration.
Profile Image

Sonam

Profile Image

Sonam (Querist)
15 March 2022 But department is not allowing and has issued notice to pay tax....is there any judgement or any other supporting evidence.
Upgrade to CAclubindia Pro. Subscribe Now!

Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
15 March 2022 You will be filing single GST return. In such a case ITC will be clubbed and claimed.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess


Answer Query



Quick Links