capital goods input fully adjusted or partly or time period

ITC / Input 75 views 2 replies
capital goods input adjusted fully and partly and time period for utilizes
Replies (2)
Input tax paid on capital goods can be fully claimed in the month of purchase.
Depriciation on the amount of tax paid will not be allowed.
Moreover there is no time limit for utilization of capital goods.
Yes, input tax paid on capital goods can be fully claimed.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register