Depreciation

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Accounts
528 Points Joined July 2010
can we claim ITC for assest purchase
and
claim depreciation as well as ..for the same asset
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On 16 September 2019 at 17:46 Report
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GST Practitioner
55067 Points Joined June 2017
Yes .as per section 16 of CGST Act can claim ITC , but the depreciation must be claim on Taxable value (before GST)
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On 17 September 2019 at 00:28


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