Home Forum Goods and Services Tax - GST Month 4 2018 2018 (4) This
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ITC on pre-operative expenditure - Goods and Services Tax - GSTExtract Hi May I see expert opinion on availing ITC on pre-operative expenses when the outward supply includes both exempt and taxable. If the Input or Input services relate to exempt or taxable supply specifically, its apparent not to avail or avail ITC appropriately. But challenge comes when common input/input services and capital goods consumed well before commencement of commercial activity of the business, how to apply rule 42 or 43 ? Request expert opinion please best regards Durai
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