A company purchases Forklift (Fixed asset, Capital goods) and engaged in the business of giving it on rent to Other Factories and get rental charge.
Can they take GST ITC credit on Forklift purchase?
Sivaraman A R (.) (1040 Points)
09 February 2019A company purchases Forklift (Fixed asset, Capital goods) and engaged in the business of giving it on rent to Other Factories and get rental charge.
Can they take GST ITC credit on Forklift purchase?
pritesh
(CA Final student)
(7101 Points)
Replied 10 February 2019
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)