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GST Input and Depreciation can be claimed both under GST

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(Querist)
09 May 2022 which section says that GST Input and Depreciation can not be claimed both under GST.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
10 May 2022 As per section 16(3) of the CGST Act, in case the registered taxable person has claimed depreciation on the tax component of the value of capital goods, ITC on the said tax component shall not be allowed.

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