Machinery


This query is : Open 

(Querist)
03 October 2017 dear sir may client has purchase machinery whether this credit can be set off againts sales or can be set off only machinery againts.

03 October 2017 You can set off such ITC from tax liability arises on sales....

RAJA P M (Expert)
03 October 2017 Yes I agreed with CA Rashmi Gandhi., You can use the ITC to your liabilities. No more restriction for using the ITC...


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