Is credit of tax paid on every input used for supply of taxable goods or services or both is allowed under GST?
Question 12
Bill
Input Tax Credit
Faq On GST (2nd Edition) Dated 31.3.2017
Q 12. Is credit of tax paid on every input used for supply of taxable goods or services or both is allowed under GST?
\nAns. Yes, except a small list of items provided in the law, the credit is admissible on all items. The list covers mainly items of personal consumption, inputs use of which r<\/p>\n
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