Forums

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

Chandu vadla

CA Final

11K+

19-Sep-23 13:52

166

Answers (1)

Best Answer

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


Shiva Teja

Shiva Teja

Faculty

21-Sep-23 17:23

CA Foundation - All the Best
CFA Webinar | Register Now
MCQs Now
CA Scholarship Available

CIN: U74999TG2017PTC116012 | GSTIN: 36AAECI4332C1Z0 | PAN: AAECI4332C

2024 IndigoLearn.com All Rights Reserved