Sir, I want to know whether registered person i. e. doctor will be eligible to take ITC, If it's inward supplies are chargeable to GST, but output supplies are exempt U/S 11 except the outward taxable supplies of rental services.
37 Replies
sudip sharma
(article)
(734 Points)
Replied 28 February 2018
sir, input service or goods must be used in taxable supply of goods or services.so in this case doctor won't able to ITC but however he is liable for full output tax liability.
felix thomas
(student)
(159 Points)
Replied 01 March 2018
Sir input services of goods must be used to provide output service. Since you are providing an exempted service you will not be able to take the input tax credit. However it was mentioned that you also provide the service of renting of immovable property which is a taxable service. You are liable to take registration of your turnover exceeds 20 lakhs. In such situation if any inputs are used to provide the services of renting of immovable property such inputs can be claimed as credit...learned experts .. please correct me if my understanding is wrong
Divakar
(Student CA Final )
(11857 Points)
Replied 01 March 2018
If that inward supply is being used for taxable outward supply only then u can avail ITC
VINEETH.R
(FINANCIAL ACCOUNTANT)
(458 Points)
Replied 01 March 2018
In this case you can't claim the ITC.
Ramakrishnan
(Sr.Executive)
(69 Points)
Replied 01 March 2018
Dear Team,
I have wrongly updated Port code in GSTR-1 and filed.
How can i change the port in filed returns..
Kindly guide to me..
Thanks...
Divakar
(Student CA Final )
(11857 Points)
Replied 01 March 2018
Change it in subsequent month GSTR1 through amended column
Ramakrishnan
(Sr.Executive)
(69 Points)
Replied 01 March 2018
Sorry for the disturb..
I have Filed. How can i changed?? I need for the month of Juyl'17 to Dec'17..
can i change??..
Kindly help me..
Divakar
(Student CA Final )
(11857 Points)
Replied 01 March 2018
Change it in January month GSTR1.. through amended column in GSTR1... U can change invoice wise and month wise
Ramakrishnan
(Sr.Executive)
(69 Points)
Replied 01 March 2018
Thanks a Lot for your valuable & mavellous co-operation..
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