GST ITC Credit on Purchase Transformer
This query is : Resolved
11 March 2020
sir,
We have purchased transformer for our company.can we take credit on purchase bill of transformer .
our company primary business is manufacturing automobile parts.
We have purchased transformer for our company.can we take credit on purchase bill of transformer .
our company primary business is manufacturing automobile parts.
11 March 2020
Yes
ITC on purchase of capital item is permissible under GST Act
ITC on purchase of capital item is permissible under GST Act
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