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ITC ON Capital Goods
can total ITC can be claimed on capital goods at once
Replies (4)
You can calim ITC on capital goods 1)it should be taxable supply 2) Must use for the Busniess purpose .please Clerify Total ITC at once
credit on capital goids can be taken at a time
You should claim as per Invoice date & receipt of goods rather than at a time .
can we claim total credit at a time on receipt of capital goods or equally in five years
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