Capital Goods ITC in GSTR 3B

This discussion clarifies the eligibility for claiming Input Tax Credit (ITC) on capital goods purchased for a crusher business. The user can claim the full ITC on machinery costing around 2 crores, including the 18% GST paid. Additionally, ITC can be claimed on steel and pipes used for fitting the machinery. This applies even though the final product, blue metal and dust, is taxed at a lower rate of 5%.