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Rule-32(5) Valuation in case of Second Hand Goods

Indirect Taxation

Can a Reseller claim ITC? When he spends money on minor furnishing.

Udaya Kumar

CMA Inter

★ 920

30-Nov-22 17:44

136

Answers (2)

Best Answer

Yes .. it is in the course or furtherance of business..so,can be claimed

Shankari C

CA Inter

★ 12K+

30-Nov-22 19:02

Yes he can claim as has done some value addition to the product

R Yashwanth Kumar

CA Final

★ 57K+

30-Nov-22 23:17

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