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Example for D1 in rule 42 - ITC Computation

Indirect Taxation

Hello, Can anyone give me a real time example for D1 Computation- Where we can have a both taxable as well as non-taxable supply?

Chandu vadla

CA Final

★ 11K+

19-Sep-23 13:52

182

Answers (1)

Best Answer

A company manufacturing both taxable and exempt items. I have one client who manufactures Kumkum and also Haldi.

Shiva Teja

Faculty

21-Sep-23 17:23

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