Input tax credit on capital goods

ITC / Input 231 views 2 replies

I am finding it really difficult to understand the provisions related to ITC on capital goods and when ITC will be reversed and the exact method used. Can anyone share an easy way/a video or something which may help me understand?

Replies (2)
जैसे मेने एक soil compactor rs. 25 Lacs मे purchase किया igst rs. 5 Lacs था तो मे igst की input use कर सकता हू and balance 20 Lacs पर depreciation की छूट ले सकता हू


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