input tax credit on capital goods


This query is : Open 

15 August 2017 Input tax credit rules for capital goods purchased and used exclusively for business only Can i avail 100% ITC in the first year itself??

15 August 2017 Yes you can take ITC fully

15 August 2017 Yes you can claim full ITC in year of purchase itself.

15 August 2017 And what will be the ITC if the capital goods are used partly for business and partly for non business purpose?


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