ITC on sale of Bio diesel

Ali Ahmed Khan (CA Student) (245 Points)

11 August 2020

Mr A is selling bio diesel through his pump in retail basis.. My query to know whether Mr A is eligible to get ITC on purchase of bio diesel....

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Sagar Patel (Tax and Business Consultant) (11611 Points)
Replied 11 August 2020

Yes, If you are registered under GST than you can very well take ITC of bio Diesel purchase by you as it's for furtherance of business.

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Ali Ahmed Khan (CA Student) (245 Points)
Replied 19 August 2020

I was concerned whether ITC is included in over Block Credit list.. But now get clarified,, Thanks for making clarification..

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