Sir/Madam
Company is providing a materials of Rs 20000.
After that the same company tells me to sell it at 16000 after discount.
Same process will go on but here the input remains continuously. I don't want to take this input then what I should do. please suggest me.
3 Replies
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 17 May 2018
*What is Your purchase cost?
*Why the company says "sell it less than value" with discount?
*Why the company says "sell it less than value" with discount?
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 17 May 2018
No you cannot take ITC , as you do not fall under Inverted Tax structure.
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