INPUT TAX CREDIT
Sumit Chaudhary (120 Points)
16 December 2020Sumit Chaudhary (120 Points)
16 December 2020
Ravi SADhiyan
(Practice)
(4510 Points)
Replied 16 December 2020
Originally posted by : Sumit Chaudhary | ||
some one plz tell me,I work in a foods company and they supply their goods both 5% &18% then can be claim ITC on this type of supply? |
Kindly Elaborate 5 % and 18 % Goods
Sumit Chaudhary
(120 Points)
Replied 16 December 2020
ayusmita
(Tax consultant)
(5885 Points)
Replied 16 December 2020
CA Saloni
(Manager-Accounts & GST Consultant)
(5124 Points)
Replied 16 December 2020
@ Ayusmita But if they are supplying the same line of product then it is not blocked credit for them.
debora M
(BUSINESS DEVELOPMENT MANAGER)
(1697 Points)
Replied 16 December 2020
5% &18% can be claim ITC on this type of supply
ayusmita
(Tax consultant)
(5885 Points)
Replied 16 December 2020
@ saloni mam got it
I forgot the exption part