input tax credit of packing and advertising material
Keval Mahendra Muni (28 Points)
21 June 2017whether we will get full credit for such material purchase?
Keval Mahendra Muni (28 Points)
21 June 2017
Noorendra Patel
(25 Points)
Replied 21 June 2017
Noorendra Patel
(25 Points)
Replied 21 June 2017
KALPANA and SUNIL TOMAR
(ADVOCATE)
(93 Points)
Replied 06 January 2018
Dear Expert ,
Can we get full 18% credit of input purchase like polythene. and bopp bags, bardan/tarpulene (i.e.packaging materials) used as packing material on our trading items like repacking of retail loose materials? pls reply thanks in advance.
Read more at: https://www.caclubindia.com/forum/input-tax-credit-of-packing-and-advertising-material-396516.asp
S.k. Sarda
(2 Points)
Replied 20 July 2018
As advised, Input tax credit is available for packing material purchased. But the purchase details are to be shown under which column in GST portal and how ITC is claimed under which section on GST portal.
Furthur in GSTR1 - where and under which head the purchase has to be shown.
Pl guide
Regards
S K Sarda
Gangtok
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961