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Input credit under gst law capital goods

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(Querist)
09 October 2017 Dear Experts

Kindly advise what is rule for Input Tax Credit under GST law for Capital goods.
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Udaya Chandran

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Udaya Chandran (Expert)
09 October 2017 You can take full credit on capital goods in which month it is received.
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CA Amrita Chattopadhyay

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CA Amrita Chattopadhyay (Expert)
10 October 2017 Full credit on the capital goods can be taken but kindly ensure that the GST is not added to the cost of capital goods. You cannot claim input tax credit and depreciation at the same time.
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