Capital Input tax credit

ITC / Input 309 views 1 replies
We have one ongoing project,which will get completed after a year. The project invloves capital input of plant and machinery.My question is when and how can be claim capital input tax credit of plant and machinery? It can be claimed when the project gets completed or can be adjusted against Domestic as well as Export sales?. Kindly clarify.
Replies (1)
You can claim full input when you got tax invoice & Material reced..


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register