Meat Mart Unit of the New Bangalore Ham Shop ., In re
Date: January 23, 2023
Subject Matter
Percentage of ITC to be claimed in view of supply of both taxable and exempted supplies is determined by Rule 42
Summary
The Applicant wants to know the percentage of input tax credit to be claimed in view of the nature of their business. Since the Applicant is involved in the supply of both taxable and exempted supplies, the Applicant has to avail the input tax credit…
M/s. Meat Mart Unit of the New Bangalore Ham Shop, Shop No.9, No.528, Sarjapur Main Road, Bellandur Gate, Amblipura Village, Bengaluru Urban-560103 (hereinafter referred to as The applicant), having GSTIN 29AASFM7858C1ZM have filed an application for Advance Ruling under Section 97 of CGST Act, 2017 read with Rule 104 of CGST Rules, 2017 and Section 97 of KGST Act, 2017 read with Rule 104 of KGST…