GST Claim query.

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Anmol Patel (Querist)
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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.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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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.

Anmol Patel

Anmol Patel (Querist)
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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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