what is the treatment of GST input of assets capital good or service which for full year .. can we take all Gst at once
like machine, accounting software
and what for prepaid exp which have part of next year also
Menu
GST input on capital goods
Replies (5)
YES, ITC CAN BE AVAILED AT ONCE
SUBJECT TO INVOICING IN THE NAME OF COMPANY
IMPORTANT :: THE COMPANY CAN'T AVAIL DEPRECIATION U/S 32 OF THE ITC, 1961 ON THE AMOUNT OF GST
(ITC) ON THE CAPITAL GOODS ON WHICH INPUT HAS BEEN AVAILED .
what is the treatment of insurance which have prepaid part also and have Gst ... is we have forwarded gst in next year
INPUT OF GST ON INSURANCE OF VEHICLE IS NOT ALLOWED
Sir
car purchased in company name in hire purchase loan. can I take full input tax?
Recent Topics :
- Foreign remittance
- Affordable Residential Flats in Gurgaon
- Manufacturing
- TAN REGISTRATION ON E-FILLING SITE
- Form 10-IEA – Continuing Old Regime
- Income tax act 2026
- Belated Return where Form 10IEA filed this year to
- GST Reconciliation Tool (2A vs Books) - looking fo
- TDS ON PF FORM 19 WITHDRAWAL
- Can a virtual office in Mumbai be used for company
Related Topics :
CAclubindia
