• Registered Users :
  • 156229
  • Current Active Users :
  • 97649

Post your Answer

(*) Fields are mandatory.

Answer Details

Question ID : 36893

Treatment of Common Credit in case ITC

What is the provision regarding Reversal of Common credit of ITC under Rule 42 & 43 in case a supplier supplies both Taxable Supply and Exempted Supply ? Whether reversal to be done monthwise or annually because use of raw materials in on going process but ITC is claimed in the month goods are received ?

posted by Gaurav Kumar Baranwal on Dec 17 2018 12:00AM

Max 4000 Characters

Membership Detail