gst setoff on diwali gift.
Pinakin Trivedi (7 Points)
01 October 2017
will I get setoff on diwali gift purchased for business purposes against my output credit.
2 Replies
Abhishek kumar
(a)
(61 Points)
Replied 01 October 2017
yes
you can itc against your output liability
you can itc against your output liability
deepshikha
(student)
(49 Points)
Replied 25 August 2018
so if my final product is exempt from tax then i cannot avail credit for GST. so will it be part of my cost? or will i get a refund?
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