Menu
input credit on machinery
dear sir can claim input credit on purchase of machinery. please tell me sir
Replies (2)
Yes, on machinery input credit is available. As the machine is capitalized, input credit has be available as input credit on capital goods.
could you explain how can we adjust these input credit from the gst out put credit?
Recent Threads
- Deferment period for Advance Tax under Section 234
- Permanant transfer of duty free goods by Advance A
- 1% TDS Deduction on Property purchase through inst
- Tax on leave encashment on retirement
- Guidance Required on Notices Under Section 234B Af
- Rcm invoices and normal invoice
- Regarding STCG on Equity
- GSTR 9 details with same PAN & different Turno
- Hotel ITC
- ITR for Trust- 12A
Related Threads
CAclubindia
