Asset /Iron /Sheet


This query is : Resolved 

(Querist)
15 July 2017 Dear sir /Madam, we had bought iron steel / Sheet eith GST inv, shall we take input on GST or should be trated as an Assets.

RAJA P M (Expert)
15 July 2017 After purchased what is the treatment of that goods...? You ll be sell or use in your own purpose...?

Subramanyam (Querist)
15 July 2017 own purpose .Keeping thing / stand made form the steel...

RAJA P M (Expert)
15 July 2017 No... You can't claim ITC on Above said goods using own purpose. You ll be consider as CG


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