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TMI BlogITC ON CONSUMABLE NOT FORMING PART OF FINAL PRODUCTX X X X Extracts X X X X X X X X Extracts X X X X ..... ITC ON CONSUMABLE NOT FORMING PART OF FINAL PRODUCT X X X X Extracts X X X X X X X X Extracts X X X X ..... Y CLIENT IS A MNUFACTURER AND SELLER OF LARGEFORMAT PRINTERS. He consume inks internally for the purpose of TESTING OF PRINTERS, providing Demo to the customers in house or during exhibitions .WHETHER ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ITC WILL BE ALLOWED ON PURCHASE OF INK Reply By Ganeshan Kalyani: The Reply: Yes, ITC is eligible. Reply By KASTURI SETHI: The Reply: YES. The criteria is that ITC should be used in the course o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f business or furtherance of business as per Section 16(1) of CGST Act. One-to-one correlation is not required---AAAR Gujarat in Ref. 2022 (1) TMI 1056 - APPELLATE AUTHORITY FOR ADVANCE RULING, GUJARA ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... T - Aristo Bullion P Ltd. Reply By Padmanathan Kollengode: The Reply: Agreed with experts. ITC is allowed in this scenario. Is there any specific reason why you think it may be disallowed? Reply By ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... GUNASEKARAN K:
The Reply:
ITC can be taken on Inputs used for demo purpose.
Reply By Finacus Technologies:
The Reply:
You are true, thank you so much for sharing, I learnt so much. X X X X Extracts X X X X X X X X Extracts X X X X ..... Forum - Knowledge Sharing ..... X X X X Extracts X X X X X X X X Extracts X X X X
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