Capital goods itc
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
15 December 2017
Hello,
We are a cab service provider and opted 5% and not to claim ITC.
I have a query that in this option, can we claim capital goods ITC or not ???
We are a cab service provider and opted 5% and not to claim ITC.
I have a query that in this option, can we claim capital goods ITC or not ???
15 December 2017
Since you have opted for 5% tax without ITC, you cannot claim ITC on capital goods as well.
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