Itc of capital goods in gstr 3b
This query is : Resolved
15 July 2018
SIR
AS WE KNOW THAT WE CAN AVAIL ITC OF CAPITAL GOODS( THAT ARE USE FOR BUSINESS PURPOSE ) IN 5 subsequent YEAR
SO IF I PURCHASE AN CAPITAL GOODS WITH CHARGED RS. 100000 GST IN JUNE 2018-19
SO PLEASE TELL ME THAT HOW CAN I AVAIL ITS ITC IN JUNE GSTR 3B
OPTION 1 - CLAIM WHOLE RS. 100000 IN GSTR 3B AND POST THAT ITC IN CREDIT LEDGER AND USE ONLY RS. 20000 IN 2018-19
OPTION 2- CLAIM RS. 100000 IN 3B AND REVERSE RS. 80000 IN REVERSE COLUMN ( BUT PROBLEM IS THAT HOW CAN THIS RS. 80000 IN NEXT subsequent YEAR )
OPTION 3 - CLAIM ONLY RS. 20000 IN 2018-19 ( BUT PROBLEM IS THAT HOW CAN THIS RS. 80000 IN NEXT subsequent YEAR )
AS WE KNOW THAT WE CAN AVAIL ITC OF CAPITAL GOODS( THAT ARE USE FOR BUSINESS PURPOSE ) IN 5 subsequent YEAR
SO IF I PURCHASE AN CAPITAL GOODS WITH CHARGED RS. 100000 GST IN JUNE 2018-19
SO PLEASE TELL ME THAT HOW CAN I AVAIL ITS ITC IN JUNE GSTR 3B
OPTION 1 - CLAIM WHOLE RS. 100000 IN GSTR 3B AND POST THAT ITC IN CREDIT LEDGER AND USE ONLY RS. 20000 IN 2018-19
OPTION 2- CLAIM RS. 100000 IN 3B AND REVERSE RS. 80000 IN REVERSE COLUMN ( BUT PROBLEM IS THAT HOW CAN THIS RS. 80000 IN NEXT subsequent YEAR )
OPTION 3 - CLAIM ONLY RS. 20000 IN 2018-19 ( BUT PROBLEM IS THAT HOW CAN THIS RS. 80000 IN NEXT subsequent YEAR )
CA Kartik Pandya
(Expert)
16 July 2018
You can go with the Option 1 . . .
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