Input credit

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Querist : Anonymous (Querist)
23 June 2017 like deemed credit of excise.. on input goods held as stock....
Can I take credit of excise paid on capital goods which held as assets on appointed date..?

23 June 2017 Section 140(3) of CGST Act, only speaks about inputs and not about capital goods. Therefore, no such option of availing of ITC on capital goods is available



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