purchased 1.5 Mitsubishi air condition by raising invoice in the name of business firm. Having business of Papad & Pickles supply. Can I claim 100% ITC with out any refund or reverse of credit????
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 09 June 2021
CA Altamush Zafar
(GST Consultant)
(15971 Points)
Replied 10 June 2021
You claim ITC and then you utilise that ITC when paying GST on your sales
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
CAclubindia
