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Dhanush (CA-IPCC) (23 Points)

18 August 2017

ITC on capital goods??

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Amit Mohan Pandey (Practising chartered accountant) (371 Points)
Replied 19 August 2017

One of the critical aspects of the Goods and Services Tax, or GST, is the availability of input tax credit on capital goods used for manufacturing activities. ITC Rules for Capital Goods under GST have been prescribed which is to be followed strictly.

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