Menu
ITC (Input Tax Credit)
Does first stage supplier of goods or services gets any kind of ITC or not ?
Replies (1)
Yes why not. They can claim ITC on their inputs, input services and Capital Goods used in the course of or furtherance of business, provided it is not BLOCKED U/s 17(5) of the CGST Act 2017.
Recent Threads
- Understanding section 269st
- CASH AS GIFT OR FD AS GIFT
- NPS Pre Maturity full exit taxation rules
- Planning to ceased a Business
- Taxation for sale and purchase of REIT shares
- PAN - AADHAR LINK
- RECONCILIATION OF GSTR 2B Vs BOOKS WITH VBA
- Regarding cancellation of GST Number
- GST on business receipts pre -registration
- A Restaurant registered under the Composition Sche
Related Threads
CAclubindia
