banner_ad

ITC on Capital

This query is : Resolved 

21 October 2017 I filed 'nil' GST 3b on July. But later I got purchase bill which is used for capital purpose and took that on GSTR2. * our output tax is 5% * Input on capital goods is 28% By filing GSTR 2 how much I can claim input tax on capital goods???

21 October 2017 You can claim full ITC for capital goods*.... What is the exact item you purchased...?

21 October 2017 actual business is crusher item we purchased is JCB machine

21 October 2017 Yes... You can if it's your business purpose... >>> GOOD LUCK <<<

21 October 2017 Claim ITC monthly for 60 months


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news


Answer Query



Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details