TMI BlogUtilisation of Input Tax Credit - outward supply of Gold & Silver bullion - The applicant/appellant can...Utilisation of Input Tax Credit - outward supply of Gold & Silver bullion - The applicant/appellant can use the Input Tax Credit Balance available in its Electronic Credit Ledger, which has been legitimately earned on the inputs / inward supplies (meant for outward supply of Bullions) for payment of ‘output tax’ (GST) on its outward supply of Castor Oil Seeds. - In other words, we hold that payment of output tax on Castor Oil Seeds through utilization of Input Tax Credit taken on Gold & Silver D..... ..... X X X X Extracts X X X X X X X X Extracts X X X X
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