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GST - Highlights / Catch Notes

Home Highlights April 2021 Year 2021 This

Utilisation of Input Tax Credit - The applicant cannot use the ...

GST

April 14, 2021

Utilisation of Input Tax Credit - The applicant cannot use the Input Tax Credit Balance available in the Electronic Credit Ledger legimately earned on the inputs/raw-materials/inward supplies(meant for outward supply of Bullions) towards the GST liability on ‘Castor Oil Seed’ which were procured from Agriculturists and subsequently meant for onward supply. - AAR

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