Exempted and taxable supply
Sandeep Jain (Pivate) (1412 Points)
25 May 2023(2) for exempted supply mandatory to filed HSN summary
Sandeep Jain (Pivate) (1412 Points)
25 May 2023
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(168034 Points)
Replied 25 May 2023
Yes, he can avail proportionate ITC as he is supplying taxable supply.
Taxpayers should report details of nil rated and exempted outward supplies in Section “3.1 Tax on outward and reverse charge inward supplies” and the details of exempt, nil and Non-GST inward supplies in Section “5. Exempt, nil and Non-GST inward supplies”.
Live class on PF & ESI Enrollment & Returns Filing(with recording)