Menu
Capital good ITC
sir I purchased stabilize n compressor n genset can we claim input GST n we can adjust against sales means put GST
Replies (2)
Yes. ITC on capital goods is allowed and it can be utilised against output tax.
Yes... You can claim ITC for the purchase of Capital Goods if Your supplies are Taxable.
Recent Threads
- GST on business receipts pre -registration
- A Restaurant registered under the Composition Sche
- GST RATE OF OUT DOOR CATERING
- Non resident taxation & income tax in India
- GST Rate for oral Hygiene Combo Pack
- GST registration - Address error
- TDS on property pu
- Import of goods IMS action related
- Incometax Survey - Updated Return Filing after the
- TCS under 206C(1F)
Related Threads
CAclubindia
