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Input credit in cases where output is Exempt under GST (not zero rated)

Goods and Services Tax - Started By: - Ankur Jain - Dated:- 23-9-2016 Last Replied Date:- 24-9-2016 - I believe that it would be permissible to claim input credit even when the output is zero rated under GST.However, what is the proposal on input credit when output is exempt from GST, not zero rated? Please advise.The question is in the context of books, which are exempt from indirect taxes under the present tax regimes, namely Service Tax and VAT. There is no clarity as of now whether books wou .....

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