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?
Your are not logged in . Please login to post replies Click here to Login / Register
More recent discussions | Post
AJAY SINGH AND CO LLP
Thane
CA Final
HKC | Chartered Accountants & Business Advisors
Ludhiana
CA
N N V Satish & Co.,
Hyderabad
CA Inter
I-Genext Consulting Private Limited
New Delhi
Vision IT Peripherals Pvt Ltd
Mumbai
B.Com
Fytomax Nutrition Private Limited
Aurangabad
ADY & CO.
Graduate (Any)
Jari Saree Center
Others
India's largest network for finance professionals
Alternatively, you can log in using: