Siddharth Foods ., In re
Date: June 30, 2021
Subject Matter
ITC on inputs used in manufacturing expired cakes & pastries is not admissible and is required to be reversed
Summary
Q. Whether or not there is requirement for reversal of input tax credit on goods used as raw material in manufacturing of expired cakes & pastries that were kept in display for use in course or furtherance of business? A. Circular No. 72/46/2018-…
A. BRIEF FACTS The applicant M/s. Kanayalal Pahilajrai Balwani, (Sidharth Foods), GSTIN 24AALPB4368H1ZS (hereinafter referred to as applicant for the sake of brevity), are engaged in the business of manufacturing & distribution of cakes & pastries items. The applicant send cakes & pastries to the distributors to keep them in display to fascinate consumer. The cakes & pastries are o…