input credit on capital goods
DEVENDER SHARMA (PROP) (33 Points)
19 May 2017means I received the capital good in GST regime.
Query- whether I will be able to take credit or no and why?
DEVENDER SHARMA (PROP) (33 Points)
19 May 2017
ROHIT YADAV
(Finance Analysist)
(607 Points)
Replied 19 May 2017
Yes, Credit is admissible provided CG received in factory with eligible document.
CA Altamush Zafar
(GST Consultant)
(15966 Points)
Replied 19 May 2017
CA Surbhi Singhal
(CA CS NCFM Dip-IFR B.Com)
(983 Points)
Replied 19 May 2017
Credit will be taken in GST in terms of Section 16. Transitional provision will not be applicable.
CA Altamush Zafar
(GST Consultant)
(15966 Points)
Replied 19 May 2017
CA Surbhi Singhal
(CA CS NCFM Dip-IFR B.Com)
(983 Points)
Replied 19 May 2017
Invoice should be taken under GST, after implementation.
CA Altamush Zafar
(GST Consultant)
(15966 Points)
Replied 20 May 2017
Hadi Husain Husaini
(IDT Consultant)
(99 Points)
Replied 22 May 2017
ashok
(article clerk)
(43 Points)
Replied 30 May 2017
venkat
(1000)
(43 Points)
Replied 09 June 2017
CA Altamush Zafar
(GST Consultant)
(15966 Points)
Replied 09 June 2017
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Course on Foreign Exchange Management Act (FEMA)(without recording)