Simple query about manufacturing industries claiming itc

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

05 August 2017 hi ,,
iam doing business manufacturing RCC pipes....and iam purchased the material cement and steel for during the manufacturing can i claiming that the ITC is elgible or not eligible at sales...now iam paying double tax ....during purchase and sales also...

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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05 August 2017 You can claim ITC claim it.

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Querist : Anonymous

Querist : Anonymous (Querist)

05 August 2017 thank you sir . ...just one simple query sir about that sir..
sir but we have purchased the material is two types rate of tax sir.....cement 28% tax and steel 18% tax ...but RCC cement pipe is sales rate of tax is 18%...can i eligible ITC or not sir

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CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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05 August 2017 Yes you are eligible for ITC no doubts.

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