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CAPITAL GOODS
We have purchased an Asset worth of 28 lakh including tax (472118) so can i take that 4 lakh change as input credit in GSTR3B
Replies (1)
yes provided that it is not used exclusively for non business purpose or exempt supply...and such capital good must not be covered under sec 17(5)
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Disclose nature of aaset and purpose for which it has to be used for more concise explanation.
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Disclose nature of aaset and purpose for which it has to be used for more concise explanation.
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