Ticker

6/recent/ticker-posts

ITC in case of Goods or Services used partly for Business purpose and partly for other purposes

Section 17(1) of CGST Act, 2017

Where the goods or services or both are used by the registered person partly for the purpose of any business and partly for other purposes, the amount of credit shall be restricted to so much of the input tax as is attributable to the purposes of his business.







Post a Comment

0 Comments