sir we are manufecturing and exporting co of henna powder so please tell can we claim input gst of mobile bill insurence and any kind services
credit of gst
dinesh garg
Henna exporter seeks clarity on claiming input GST for mobile bills and insurance under Section 16 of the CGST Act. A manufacturing and exporting company of henna powder inquired about claiming input GST on mobile bills, insurance, and other services. A respondent clarified that under Section 16 of the CGST Act, 2017, input tax credit (ITC) can be claimed if the services are used in the course or furtherance of the registered business. Each service must be examined individually to determine eligibility. Another respondent concurred with this explanation. (AI Summary)
TaxTMI
TaxTMI