No ITC under GST if item is Nil rated

By | June 12, 2017
(Last Updated On: June 12, 2017)

Will reverse charge apply to purchase of Paddy from Farmers? Will ITC be restricted on By products which are NIL rate under it?

Reverse charge will be applicable on all supplies made from an unregistered person to a registered person. If item is nil rated then no ITC ( Input Tax Credit )

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NO ITC under GST if item is nil rated

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