Can Assessess claim all itc ( input , input service and capital goodS) if he engaged in the stitching business of dress material charging @ 5% gst
3 Replies
CA Puja Sharma
(Chartered Accountant)
(5010 Points)
Replied 23 May 2022
IF you are engaged in the service of stitching the you can take the ITC of the expenses which are incurred for the furtherance of business.
.
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 23 May 2022
If the inputs, input services, capital goods used for business purposes to prove taxable supply then ITC can be availed
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