Can GST be claimed on capital goods?

This discussion explores whether Goods and Services Tax (GST) paid on capital goods, such as a Scorpio purchased for business, can be claimed as Input Tax Credit (ITC). Generally, ITC on capital goods is claimable if they are used for the furtherance of business. However, if the asset is used for personal purposes, the ITC cannot be claimed, and depreciation should be claimed instead. It's advisable to consult with an auditor for specific guidance on ITC reversal.