Just a moment...

⚠✕
❮ Top
☎ Help
AI Drafter ✕

Generate professional replies to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter.

Step 1 – Issue Identification & Review

The AI analyses your query, notice, order, or uploaded documents and identifies the key issues involved.

• Review the issues identified by the AI
• Add, edit, remove, or refine issues as required


Step 2 – Draft Generation

Once you approve the issues, the AI performs issue-wise legal research and prepares a structured draft response.

• Relevant statutory provisions
• Judicial precedents and Supreme Court, High Court and other citations
• Issue-wise legal analysis
• Practical arguments and supporting content
• Professionally structured draft ready for further review.

Try Now →
☰
×

By creating an account you can:

Logo TaxTMI
>
Keyword Search :
AI Tools : New
Ask tax questions in natural language. Powered by AI trained on the TaxTMI legal database. Use AI Tools ➞
Call Us / Help / Feedback✕

Contact Us At :

✉ E-mail: [email protected]

✆ Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home / RSS
PrevPreviousNextNext

Input credit in cases where output is Exempt under GST (not zero rated)

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....nput credit in cases where output is Exempt under GST (not zero rated)<br> Query (Issue) Started By: - Ankur Jain Dated:- 23-9-2016 Last Reply Date:- 24-9-2016 Goods and Services Tax - GST<br>Got 6 Replies<br>GST<br>I believe that it would be permissible to claim input credit even when the output is zero rated under GST. However, what is the proposal on input credit when output is exempt from GST....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

...., not zero rated? Please advise. The question is in the context of books, which are exempt from indirect taxes under the present tax regimes, namely Service Tax and VAT. There is no clarity as of now whether books would be exempt or NIL rated in the GST regime. Reply By MARIAPPAN GOVINDARAJAN: The Reply: Whatever it may be, we have to wait till the GST laws come into force. Reply By YAGAY AND ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....SUN: The Reply: For the mean while you may also refer FAQs on GST. Reply By Ganeshan Kalyani: The Reply: When final product is exempt then the credit would not be available. But if zero rated sales then credit would be available. The schedule rate is not known as of now. Therefore will have to wait till such time. But in my view more or less the current tax schedule may be carry forward in GS....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....T with some edition deletion. Reply By Ganeshan Kalyani: The Reply: https://www.taxmanagementindia.com/visitor/detail_rss_feed.asp?ID=16643&kw=frequently-asked-questions-faq-gst-released-cbec-21-09-2016 Reply By Ankur Jain: The Reply: Thanks so much Ganeshan. Kind regards, Ankur Reply By Ganeshan Kalyani: The Reply: Welcome sir.<br> Discussion Forum - Knowledge Sharing ....

PrevPreviousNextNext