Friday, April 24, 2020

ITC allowable on ‘Second Hand Gold Jewellery’ only If Purchased from GST Registrants: AAR [Read Order]

The Authority of Advance Ruling (AAR) ruled that Input Tax Credit can be claimed on the ‘second-hand gold jewellery’ only in the case if it is purchased from a registered person under Goods and Service Tax (GST). The applicant, M/s Attica Gold Private Limited is a private company, which is engaged in the business of […]

from Taxscan | Simplifying Tax Laws https://ift.tt/34ZvDRu

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