Itc on fixed asset purchase


This query is : Resolved 

13 August 2018 What is the provision of GST for Fixed Asset & Repair & maintenance on FA (including effect on depreciation)

RAJA P M (Expert)
15 August 2018 As per my view

If purchased the Goods and It's installation charges can be booked under FA and You can claim Dep...
After its under R/M then You will book it under Expenditure head...

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