capital goods ITC claim in Gst
kindly let us know the procedure under law to claim ITC on capital goods purchased for MFG of taxable supplies
Replies (3)
no specific procedure. Entire ITC will be available in month of purchase. claim ITC in GSTR-3B. While claiming depreciation under IT Act, take only the taxable value excluding tax component
no specific procedure. Entire ITC will be available in month of purchase. claim ITC in GSTR-3B. While claiming depreciation under IT Act, take only the taxable value excluding tax component
Entire itc can be claim in one shot
Recent Topics :
- Pan surrender via online
- EPFO Portal Issue – Unable to Save Employee
- Plant & Machinary
- ITC reversal after supplier amended the recipient
- GIFTS TO USEFUL CONTACTS ON FESTIVALS INCOME TAX
- INTEREST ON REFUND OF TDS
- Input tax claim related
- User not found in MCA portal
- GST RATE ON FILM PRODUCTION
- Section 54
Related Topics :
CAclubindia
