https://www.taxtmi.com/forum/issue?id=106136 Whether input tax credit on carpets purchased from a registered dealer against tax invoices remains claimable when those goods are later exempt; applicability turns on the taxability of the goods upon disposal. Section 13(7) permits credit of tax paid on inputs provided the sale or disposal of the goods is not exempt, so credit depends on whether subsequent disposals are taxable. en-us Sun, 29 Sep 2013 13:48:43 +0530 Thu, 23 Jan 2025 15:57:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=106136 Whether input tax credit on carpets purchased from a registered dealer against tax invoices remains claimable when those goods are later exempt; applicability turns on the taxability of the goods upon disposal. Section 13(7) permits credit of tax paid on inputs provided the sale or disposal of the goods is not exempt, so credit depends on whether subsequent disposals are taxable. Discussion-Forum VAT / Sales Tax Sun, 29 Sep 2013 13:48:43 +0530 https://www.taxtmi.com/forum/issue?id=106136