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Regarding ITC on Capital asset

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(Querist)
12 March 2023 Hello Sir/Madam,
Can a regd person claim a refund of unutilized Input Tax Credit on capital asset as per Inverted Tax Structure under GST because output is under 5% and input capital asset is under 28%?
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CA Altamush Zafar

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CA Altamush Zafar (Expert)
12 March 2023 Refund of ITC cannot be taken for capital goods

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