banner_ad

Input tax credit of machinery

This query is : Open 
Profile Image

Profile Image

(Querist)
25 October 2017 sir
i bought a machine exclusive for my business and my all supplies is taxable under gst. i have doubt regarding to my input tax credit paid for my machine which is 100% using in my business.
i want whole credit in my electronic ledger. please tell is it possible or it will be claimed 5% per quarter.
Profile Image

RAJA P M

Profile Image

RAJA P M (Expert)
25 October 2017 You can claim full ITC if you use in your business....


http://taxscoop.in/entries/gst/itc-in-case-of-capital-goods-under-gst
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI
ChatGPT Perplexity Claude Google AI Grok

CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details