capital goods
sanjeev sahota (accountant) (61 Points)
19 December 2018
We have purchased old machinery for manufacturing. Is gst claimable or not?
2 Replies
CA Naveen Chand
(Chartered Accountant)
(12729 Points)
Replied 19 December 2018
YES ELIGIBLE FOR INPUT
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 19 December 2018
Yes... Why not...?
You can claim ITC for the purchase of "OLD MACHINERY".
You can claim ITC for the purchase of "OLD MACHINERY".
Recent Topics
- Clarity regarding Sec 16(4)
- GST ON HOTEL ROOMS details
- Relief for Delayed Filing of Tax Forms
- Expire stock
- INCOME TAX AY 25-26
- Experienced CA firm for accounting & auditing
- Regarding Perquisite Tax on ESOP - Unlisted Compan
- Casual Taxable Person under GST
- Extended Date of GSTR-1 for the month of July 2020
- NRO Interest - Taxed at source and in Foreign Coun
Related Threads
CAclubindia
