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GST Claim query.

This query is : Resolved 

23 June 2020 Hi,
I am a Business Owner. And provide a warehousing service in Bhopal. I need to know If I have paid GST on the Purchase and installation of Weighbridge at my Warehousing site. Can I claim a return on such a purchase or a ITC when I charge the GST while weighing incoming vehicles at my warehousing site?

I Hope someone can help clarify this query. And recommend the right course of action.

Thank You.

23 June 2020 Yes you can claim ITC on the purchase and installation of weighbridge. Claim it over a period of 60 months as it's a capital item.

23 June 2020 Thank you for your reply Stharaman ji. I now know that because the weighbridge is a Capital good used for normal sale I can only claim the get included in the price I paid while purchasing it as ITC. In form GSTR-2 and can be claimed only for 'Credit Ledger' (payment of Tax only) purposes.

Please confirm if I am correct in my understanding of this case. If not please correct me. Really appreciate your expert advice here.


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