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Purchase of medicines by a pharmacy for sale

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(Querist)
15 October 2017 Suppose, apollo pharmacy is purchasing medicines at effective purchase rate which is less than MRP printed on such medicine's. Now, whether apollo pharmacy can take input of gst paid on medicines purchased at ERP?
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CA Rashmi Gandhi

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CA Rashmi Gandhi (Expert)
15 October 2017 Yes he can as same is used for furtherance of business.
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Uday Kiran

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Uday Kiran (Querist)
15 October 2017 Thank you madam... for your valuable reply..
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CA Rashmi Gandhi

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CA Rashmi Gandhi (Expert)
17 October 2017 Welcome.....

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