ITC CREDIT OF EXEMPT SUPPLIER OF SERVICE

KOUSTAV ROY (51 Points)

08 December 2020

how a exempt supplier of service( mostly inland water transport) can taken credit of input gst

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4 Replies

JATINDER KUMAR (Accountant) (3662 Points)
Replied 08 December 2020

You can not claim ITC (Your exempt supplies is exempt)

KOUSTAV ROY (51 Points)
Replied 08 December 2020

Can I claim the itc credit as refund

JATINDER KUMAR (Accountant) (3662 Points)
Replied 08 December 2020

No......

CA Rashmi Gandhi (Chartered Accountant) (86461 Points)
Replied 17 January 2021

NO ITC AVAILABLE AS PER SECTION 17(3) OF CGST ACT,

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