ITC claim from gold jewellery- doubt

ITC / Input 6893 views 2 replies
Dear frds/ experts,

Shall we able to claim ITC claim from gold jewellery purchase??? If so, In which type of cases we Can, other than gold sales??? plz kindly advice.

Thanks in advance.

-Maya.
Replies (2)
You can claim ITC on inwards supplies when the same is used for making outwards supplies..
If used for personal use, then ITC can't be claimed.
where as in case if they have bought it for company's official gift purpose???


CCI Pro

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