Itc on capital work in progress

This query is : Resolved

Amit Jain (Querist)
Follow

19 April 2018 Itc on Capital work in progress as on 31/03/2018 can be claimed. If yes then under which section and Rules of GST

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

19 April 2018 ITC on capital work in progress can't be claimed.

Amit Jain

Amit Jain (Querist)
Follow

19 April 2018 We have received Bills for Plant & machinery for which there is pendency of work means work in progress.Some experts says it can be claimed. Please clarify it

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

19 April 2018 ITC can be claimed only on capital goods as per ITC rules, work in progress will not form part of capital goods.

Message likes : 1 times

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

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

bhavesh

CA Varun Gupta

Anoop KK

N N V Satish

kavita goel

Subscribe Now

Itc on capital work in progress

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA