PRATHIMA REDDY (CA ) (115 Points)
22 May 2018
Tarun Kumar
(Chartered Accountant)
(180 Points)
Replied 22 May 2018
“Any registered person can avail credit of tax paid on the inward supply of goods or services or both which is used or intended to be used in the course or furtherance of business except specifically exclude" the provision says.
Which means you can take input credit of revenue expenses incurred for business.
Ravi SADhiyan
(Practice)
(4510 Points)
Replied 22 May 2018
| Originally posted by : PRATHIMA REDDY | ||
 |
can we claim credit on revenue expenses incurred for the business in gst |  |
Yes
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