my client( firm) has purchase jewels. can take 3% input for July 3b return ?
itc available ?
5 Replies
Piyush Shirodkar
(CA Final Student)
(1358 Points)
Replied 18 August 2018
itc not available since jewellery is for personal use and not business use.
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 18 August 2018
ITC not available for Personal use except the Same Business dealer.
Vinod Babu
(24191 Points)
Replied 18 August 2018
If used for resale (trading) purpose, ITC can be claimed.
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 18 August 2018
You are most welcome... ..
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