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Conditions Of ITC

Indirect Taxation

If goods and services received by third party on directions given by recipient to supplier The third use those goods for personal purpose can Recipient claim ITC sir?

M V Naresh

CA Final

★ 3K+

08-Oct-20 06:45

304

Answers (4)

Yes.

CA Suraj Lakhotia

Admin

08-Oct-20 15:51

Sir, Please explain the provision. How could it be possible when the goods are utilized by third party? And for personal purposes? Its confusing.

Balamurali Unnithan M S

CA Inter

★ 3K+

18-Dec-20 15:21

Balamurali Unnithan M S

Sir, Please explain the provision. How could it be possible when the goods are utilized by third party? And for personal purposes? Its confusing.

Say Mr. A is supplier. B is original receipient. B directs A to deliver to C. Irrespective of the usage by C, B can take credit. B will bill separately to C. C cannot take credit.

CA Suraj Lakhotia

Admin

18-Dec-20 17:42

Thank you Sir.

Balamurali Unnithan M S

CA Inter

★ 3K+

18-Dec-20 22:24