Itc on capital goods taken on emi
This query is : Resolved
18 June 2019
Hello,
One of my client has purchased a laptop on EMI basis. When and how much should the ITC claimed under EMI option. Whether the ITC can be taken entirely or will be segregated?
TIA
One of my client has purchased a laptop on EMI basis. When and how much should the ITC claimed under EMI option. Whether the ITC can be taken entirely or will be segregated?
TIA
Nandini H Gupta
(Expert)
18 June 2019
If EMI is for less than 180 days then avail entire credit on receipt of laptop.
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