is input tax credit is available on all asset
6 Replies
sujith kumar dasa
(banglore)
(1496 Points)
Replied 20 March 2018
Yes iput credit is allowed on all assets except those mentioned in section 17(5). i.e., motor vehicles unless used for transport/driving school/resale
Raj Kumar Gupta
(Student)
(96 Points)
Replied 21 March 2018
ITC
is allowed on all input goods, capital goods & input services are used in the course or furtherance of business.
is allowed on all input goods, capital goods & input services are used in the course or furtherance of business.
Sanjay Kahar
(2 Points)
Replied 21 March 2018
How to get credit itc on furniture TV refrigerator in gst act
Raj Kumar Gupta
(Student)
(96 Points)
Replied 21 March 2018
you need to further suply as a registered person
Sameer Ansari
(ACCOUNT ASSISTANT)
(23 Points)
Replied 21 March 2018
Royalties paid to Authors is come under RCM, so can we claim GST Credit in Next Months 3b?
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