Can Assessess claim all itc ( input , input service and capital goodS) if he engaged in the stitching business of dress material charging @ 5% gst
RAGHAVENDRA SHET (AUDIT ASSISTANT) (23 Points)
23 May 2022Can Assessess claim all itc ( input , input service and capital goodS) if he engaged in the stitching business of dress material charging @ 5% gst
CA Puja Sharma
(Chartered Accountant)
(4984 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.
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Eswar Reddy S
(CFO- at NHTF)
(58263 Points)
Replied 23 May 2022
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)