due to financial problem, n
filed GST return from December to February. can i filed GSTR-1 without filing GSTR 3B. can i claim entire gst input on purchase of capital goods in the month of purchase.
4 Replies
sujith kumar dasa
(banglore)
(1496 Points)
Replied 04 March 2018
Yes you can file GSTR-1 without filing GSTR-3B. Yes you can take entire input credit on capital goods in the month of purchase itself
Jatin
(B.Com)
(473 Points)
Replied 04 March 2018
Thank you Sujith Ji, what is span of assets 5 years in gst in respect of input on capital goods, when applicable
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 05 March 2018
u can take entire ITC on capital goods when it's purchased, reversal is done only when u Ur supplying any exempted supplies by it
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 05 March 2018
u can take entire ITC on same month on capital goods when it is purchased
u HV to only reverse the ITC In proptiinate to if any exempted supply is made
u HV to only reverse the ITC In proptiinate to if any exempted supply is made
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