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Depreciation claimed on GST components
can we charged depreciation of tax component after reversal ITC..?
Replies (1)
Yes, if you have reversed such ITC, it means that you have not availed ITC for that particular Capital Good hence depreciation can be claimed on GST component.
Please note that this advisory is in general terms and does not belong to any specific case as the case has not been verified by me hence you cannot use this for representation of the advisory to any department.
Please note that this advisory is in general terms and does not belong to any specific case as the case has not been verified by me hence you cannot use this for representation of the advisory to any department.
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