ITC not allowable on expired cakes and pastries and needs to be reversed
Last updated: 14 September 2021
Court :
Gujarat Authority for Advance Ruling (GAAR)
Brief :
GUJ/GAAR/R/16/2021 dated June 30, 2021], M/s. Kanayalal Pahilajrai Balwani ("the Applicant") has sought an advance ruling on, whether or not there is requirement for reversal of input tax credit ("ITC") on goods used as raw material in manufacturing of expired cakes & pastries that were kept in display for use in course or furtherance of business.
Citation :
ADVANCE RULING GUJ/GAAR/R/16/2021 dated June 30, 2021
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Bimal Jain
Published in GST
Views : 165
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