https://www.taxtmi.com/forum/issue?id=114170 Input tax credit is not available where the outward supply is exempt; consumables that are part of an exempt final product break the ITC chain, making tax paid on those consumables non-recoverable and a cost to the supplier rather than a recoverable credit. en-us Sun, 23 Sep 2018 17:58:34 +0530 Thu, 23 Jan 2025 15:55:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=114170 Input tax credit is not available where the outward supply is exempt; consumables that are part of an exempt final product break the ITC chain, making tax paid on those consumables non-recoverable and a cost to the supplier rather than a recoverable credit. Discussion-Forum GST Sun, 23 Sep 2018 17:58:34 +0530 https://www.taxtmi.com/forum/issue?id=114170