Dear sir
I would like to know about ITC benefit available for capital goods which are purchased to run business.
Please clarify this doubt.
With advance thanks
Pradeep Kumar T V
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ITC on capital goods under GST
Replies (2)
You can claim 100% ITC of capital goods in the same month , you purchased that capital goods.
Only items mentioned as per Sec 17(5) are not eligible for ITC.
Only items mentioned as per Sec 17(5) are not eligible for ITC.
Agreed with Ratan Sarraf
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