what is the rule for depreciation on capital Goods in GST and input tax credit rules .
I m buying a Laptop and take credit of GST paid on it can I m eligible for Depreciation.
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depreciation On Capital Goods in GST
Replies (3)
IF YOU WANT TO TAKE CREDIT OF INPUT TAX THEN YOU WILL NOT BE ELIGIBLE FOR CLAIMING DEPRECIATION ON GST PORTION.
YOU CAN CLAIM DEPRECIATION ONLY ON COST OF LAPTOP NOT ON GST PORTION.
ok it's means we can do as we are doing in VAT regim
| Originally posted by : Ankit Jain | ||
 |
ok it's means we can do as we are doing in VAT regim |  |
EXACTLY
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