Menu
Gst input for capital goods
Hi,
Automobile industry for Service Workshop constructing a building. Can we avail input credit for below items.
1. Building construction
2. Machinery
3. Tools
4. Computers
5. Movable Furnitures
6. Mobile Service Vehicles.
Regards,
Mallika.P
Replies (6)
I PURCHASE MOTOR CAR PURCHASE FOR THE PURPOSE OF RENT A CAB. RENTAL CHARGE OUTPUT GST @ 5% CAN I CLAIM GST CREDIT ON PURCHASE OF MOTOR CAR
Dear @ Malika If you use all material for construction of buildings and it's all for business purposes then you can avail ITC of all material use
Dear Sir,
Can you please inform me below items which I can avail ITC.
1. Building construction 2. Machinery 3. Tools 4. Computers 5. Movable Furnitures 6. Mobile Service Vehicles
Regards,
Mallika.P
Can you specify that all material use for business purpose or own purpose????
you will not get ITC
Dear Sir,
All material used for business purpose and we are capitalizing those items. Please confirm can I avail ITC.
Regards,
Mallika.P
Recent Topics :
- Loan & Joining bonus to new employees Chief Ma
- Income Tax NUDGE Notice – Gift of Shares fro
- Is DIR-3KYC Needed
- Looking for a study buddy intermediately Jan 2027
- How to correct a NIL GST return filed by mistake w
- Is it legally permissible not to report F&O lo
- Query on FCTRS
- APPLICABILITY AND BREAKDOWN OF GST COMPLIANCE ON S
- Advance for supply of goods
- Question for members: how do you manage client doc
Related Topics :
CAclubindia
