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Payroll software itc under gst

This query is : Resolved 

28 June 2018 Dear Experts

Kindly advise we have purchased PAY ROLL SOFTWARE, for this can we eligible for ITC under GST and how to treat this we have to Capitalise or book expenditure

28 June 2018 First time expenses on buying software to be capitalized. The amount to be capitalized shall be basic value without GST. ITC of GST can be claimed.

28 June 2018 Thank You sir for your valuable information






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