banner_ad

capital Goods and ITC

ITC / Input 328 views 2 replies
what is the manner of availing on Capital goods.we using capital goods for non taxable supply. sir if I use theses capital good as taxable supply what is tax implications?
Replies (2)
ITC of capital goods https://www.caclubindia.com/forum/details.asp?mod_id=483636

Already answered please refer
Originally posted by : Anshuman Basu
what is the manner of availing on Capital goods.we using capital goods for non taxable supply. sir if I use theses capital good as taxable supply what is tax implications?

 

If Your supplies are Taxable then You can avail the ITC benifits in the Purchased months...

If Your supplies are exempted then ITC not available and full Invoice amount taken into Fixed Asset...


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details