GST credit on capital goods



how to claim. gst credit on capital good I.e vehicles
 
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Chartered Accountant

No Credit is allowed for Vehicles as same has been not allowed by GST u/s 17 blocked credit and for other capital goods same can be claimed in the same year. 

 
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student

https://cleartax.in/s/itc-rules-capital-goods-gst

 
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ARTICLE ASSISTANT

FIXED ASSETS purchased for the business purpose is allowable for either (1) full itc credit can be taken in the year of purchase OR (2) claim as depreciation in ITA , 1961

 

 
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