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ITC ON CONSUMABLE NOT FORMING PART OF FINAL PRODUCT

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..... MY CLIENT IS A MNUFACTURER AND SELLER OF LARGEFORMAT PRINTERS. He consume inks internally for the purpose of TESTING OF PRINTERS, providing Demo to the customers in house or during exhibitions .WHETHE .....

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..... R ITC WILL BE ALLOWED ON PURCHASE OF INK - Reply By Ganeshan Kalyani - The Reply = Yes, ITC is eligible. - Reply By KASTURI SETHI - The Reply = YES. The criteria is that ITC should be used in the .....

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..... course of business or furtherance of business as per Section 16(1) of CGST Act . One-to-one correlation is not required--- AAAR Gujarat in Ref. 2022 (1) TMI 1056 - APPELLATE AUTHORITY FOR ADVANCE .....

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..... RULING, GUJARAT - Aristo Bullion P Ltd. - Reply By Padmanathan Kollengode - The Reply = Agreed with experts. ITC is allowed in this scenario. Is there any specific reason why you think it may be .....

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..... disallowed? - Reply By GUNASEKARAN K - The Reply = ITC can be taken on Inputs used for demo purpose. - Reply By Finacus Technologies - The Reply = You are true, thank you so much for sharing, I l .....

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..... earnt so much. - ITC ON CONSUMABLE NOT FORMING PART OF FINAL PRODUCT - Query Started By: - ajay chharia Dated:- 21-8-2023 Goods and Services Tax - GST - Got 5 Replies - GST - Discussion Forum - Kno .....

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..... wledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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