sir, how to utilise the input on capital goods under GST.
thanks in advance
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on capital goods
Replies (2)
| Originally posted by : R.SATISH KUMAR | ||
 |
sir, how to utilise the input on capital goods under GST.thanks in advance |  |
Generally You can avail in single take...
Ask with some more details then You can get exact solutions...
Yes ITC can be claim in one go .
Take the full ITC on capital Goods in the month you purchased.
if you are supplying both taxable & Exempted supply the ITC attributes to Exempted supply has to be reverse every month in 3b for 60 months
Take the full ITC on capital Goods in the month you purchased.
if you are supplying both taxable & Exempted supply the ITC attributes to Exempted supply has to be reverse every month in 3b for 60 months
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