Poonawalla fincorp
Poonawalla fincorp

Itc regarding

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Querist : Anonymous

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Querist : Anonymous (Querist)
02 December 2017 we are retailer (Tamil Nadu) of Ice Cream shop and we are selling to direct consumers, we are purchasing Ice Cream from other other states and we pay IGST @ 18% on Purchase of Ice cream and we are collecting GST @ 5% we are eligible for Input credit.

Kindly clarify it is most urgent to me
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Udaya Chandran

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Udaya Chandran (Expert)
02 December 2017 Yes, you can take credit of IGST and set off against your liability.

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