Ravi Srivastava (86 Points)
06 May 2019
Swami Ayyappa Nuli
(TAX ADVISOR & CONSULTANT AT G.S.T SUVIDHA CENTER)
(1372 Points)
Replied 06 May 2019
Definitely you can claim I.T.C and that too in the year of purchase itself provided all conditions for availing input tax credit under chapter v of C.G.S.T rules are satisfied
CA Naveen Chand
(Chartered Accountant)
(12729 Points)
Replied 08 May 2019
Hi Ravi ,
Yes, you can claim full ITC on the purchase of Truck (capital assets) at once.
CAclubindia
