{"id":9371,"date":"2017-12-12T21:28:05","date_gmt":"2017-12-12T15:58:05","guid":{"rendered":""},"modified":"2017-12-12T21:28:05","modified_gmt":"2017-12-12T15:58:05","slug":"credit-reversal","status":"publish","type":"post","link":"https:\/\/goodsandservicetax.in\/GST\/?p=9371","title":{"rendered":"credit reversal"},"content":{"rendered":"<p>credit reversal<br \/> Query (Issue) Started By: &#8211; knr varma Dated:- 12-12-2017 Last Reply Date:- 26-12-2017 Goods and Services Tax &#8211; GST<br \/>Got 5 Replies<br \/>GST<br \/>manufacturing company manufacturing taxable and exempted goods(exemple. PAPPAD) , company purchased capital goods( Truck for transporting goods Gst 28%+Cess), packing material ( Gst 18%).<br \/>\nabove case company can claim gst input tax credit 100% on capital goods and packing material<br \/>\nReply By Ganeshan Kalyani:<br \/>\nThe Reply:<br \/>\nInput Tax Credit<\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n<p align=\"center\"><strong>Plain text (Extract) only<\/strong><BR>For full text:-<a href=\"https:\/\/www.taxtmi.com\/forum\/issue?id=113183\">Visit the Source <\/a><\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n","protected":false},"excerpt":{"rendered":"<p>credit reversal Query (Issue) Started By: &#8211; knr varma Dated:- 12-12-2017 Last Reply Date:- 26-12-2017 Goods and Services Tax &#8211; GSTGot 5 RepliesGSTmanufacturing company manufacturing taxable and exempted goods(exemple. PAPPAD) , company purchased capital goods( Truck for transporting goods Gst 28%+Cess), packing material ( Gst 18%). above case company can claim gst input tax credit &hellip; <a href=\"https:\/\/goodsandservicetax.in\/GST\/?p=9371\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;credit reversal&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-9371","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/9371","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9371"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/9371\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9371"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9371"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9371"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}