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Can we sales our Raw Material to other party, Goods and Services Tax - GST |
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Can we sales our Raw Material to other party |
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Dear Experts, We are a manufacturer and registered under GST as a manufacturer. My Query we are purchase raw material from supplier and the same raw material can we sale to third party. It is allowable in GST or not ?. Regards Swapneswar Muduli Posts / Replies Showing Replies 1 to 2 of 2 Records Page: 1
It may be allowed but you can't take input tax credit. If you take input tax credit, it should be reversed at the time of sale to third party.
Moreover it is a supply. Gst is applicable. Page: 1 Old Query - New Comments are closed. |
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