Itc of capital goods under gst

This query is : Resolved

abhishek (Querist)
Follow

22 August 2017 Respected experts ,

I have purchased laptop desktop and printers from registered dealer having my GSTIN mentioned on it, now my concern is can i avail the input credit on above mentioned items under gst. If yes, then how much can i avail in a year or do have to avail it on monthly basis.

One more concern is the seller would show his sale and gst on it in one go and if i cannot adjust yhe input in same month do i have to reverse the unavailed portion in each months return.
Sir, please enlighten me on this topic

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
Follow

22 August 2017 1. You can avail full credit of ITC on capital goods in the same month.
2. Since full ITC is available in the same month, there will not be any mismatch between seller's and your data.

Message likes : 1 times