Input tax credit reversal for capital goods

CA Pradeep Kumar Rajput , Last updated: 19 February 2018  
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Like input tax credit reversal on input and input service, there is a requirement to reverse the Input Tax Credit taken on the capital goods. ITC reversal on capital goods does not arise in the following case when Capital Goods used: Exclusively for affecting exempt supplies. Exclusively

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Published by

CA Pradeep Kumar Rajput
(CA/CS/CMA)
Category GST   Report

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