Captial Goods Itc

Vista academy
watch_later 3 years, 6 months ago

Dear Sir , In how many instalment ITC on capital goods will be available 

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1 Answer

GST Payer watch_later 3 years, 6 months ago

You can take input in a single installment. There is no more differentiation between inputs and capital goods. However you cannot claim income depreciation on GST paid on purchasing of capital asset.

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