Claiming of Itc
Celin Benjamin Valliyil (34 Points)
09 May 2018A)90
B)0
C)550
D)460
Celin Benjamin Valliyil (34 Points)
09 May 2018
JOJY THOMAS
(CHARTERED ACCOUNTANT)
(300 Points)
Replied 09 May 2018
“exempt supply” means supply of any goods or services or both which attracts nil rate of tax or which may be wholly exempt from tax under section 11 of CGST Act orunder section 6 of the IGST Act, and includes non-taxable supply. Hence no ITC and the answer is zero
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