dear sir,
plz tell some of the important point in case of capital goods , like fixed asset he should I take the credit fully or partially
Capital goods purchase
SAURABH GARDE (ACCOUNTANT ) (46 Points)
20 December 2017SAURABH GARDE (ACCOUNTANT ) (46 Points)
20 December 2017dear sir,
plz tell some of the important point in case of capital goods , like fixed asset he should I take the credit fully or partially
Vinayak Gurav
(Sr. Accountant Off)
(77 Points)
Replied 20 December 2017
yes you can avail at first time without any proportionate
but not allowed to deduct the Depreciaton for same as per ITC
Prajjwal Kaushik
(Finance Professional)
(6216 Points)
Replied 20 December 2017
vikram kerekar
(1244 Points)
Replied 20 December 2017
Prajjwal Kaushik
(Finance Professional)
(6216 Points)
Replied 21 December 2017
Yes. Your understanding is right.