Can we take input tax credit for capital goods

16 April 2018
Dear Sir,

I had a doubt . Is a company or individual or organization (spencers) can take input tax credit on Capital goods.

Here in my situtation a friend of mine had started a Retail store in hyd. He purchased Shelf and wardrobes for Displaying Provisions and speices and flours.
Now my doubt is can he is eligible to claim input tax credit on the above mentioned capital goods. Please help out.

B.Chackrapani Warrier (Expert)
16 April 2018
Eligible to claim input tax credit.

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