Input credit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 February 2017
Hi,
Can i claim 100% of Input credit of service tax on capital goods or do i need to take 50% in current year and 50% in next year.
Can i claim 100% of Input credit of service tax on capital goods or do i need to take 50% in current year and 50% in next year.
Arun Kumar Singh
(Expert)
13 February 2017
If value of the capital goods is less than 10000/- then you can take the credit in one time otherwise 50% current year and remaining next financial year.
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