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Input credit

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Querist : Anonymous

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Querist : Anonymous (Querist)
13 February 2017 Hi,

Can i claim 100% of Input credit of service tax on capital goods or do i need to take 50% in current year and 50% in next year.
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Arun Kumar Singh online

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Arun Kumar Singh online (Expert)
13 February 2017 If value of the capital goods is less than 10000/- then you can take the credit in one time otherwise 50% current year and remaining next financial year.

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