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input tax credit on capital goods

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(Querist)
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??
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RAJA P M

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RAJA P M (Expert)
15 August 2017 Yes you can take ITC fully
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CA Rashmi Gandhi

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CA Rashmi Gandhi (Expert)
15 August 2017 Yes you can claim full ITC in year of purchase itself.
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Pravin Purohit

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Pravin Purohit (Querist)
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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