Itc on machinery in same month or in partial

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Shiv Karwa (Querist)
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11 September 2018 We are manufacturer. Purchase machinery in August month. Can we avail full input in August month

CA Anita Bhadra (Expert)
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11 September 2018 Credit of tax paid on Capital goods is permitted to be availed in one installment. You can avail full input in Aug month .

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