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If I buy a machine for production and get GST return back

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17 Points Joined March 2019

If I buy a machine of 10 lakh and paid 180000 as gst in that machine how to get that gst return back to me.

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On 09 March 2019 at 20:51 Report
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Student
7053 Points Joined February 2019
gst return back ? input credit??
4 Reply
On 09 March 2019 at 21:10
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17 Points Joined March 2019
I m not confirm please tell
1 Reply
On 09 March 2019 at 21:15
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Bhopal
1741 Points Joined February 2017
you can claim the tax paid on purchase of machinery used in production of goods( other than nil rated, exempted)
you can use the input tax credit to set off your output tax liability....
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On 09 March 2019 at 21:58
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CA Final student
7106 Points Joined April 2018
You can CLAIM ITC on machinery..
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On 09 March 2019 at 22:22
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Student
7053 Points Joined February 2019
ITC over capital goods as used in the business can be claimed
3 Reply
On 09 March 2019 at 23:10
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student
222 Points Joined April 2015
aapko aapka gst milega...but gst portal pe aapko credit ledger main milega...jab aap gstr 3b main usko dikhate ho tab
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On 09 March 2019 at 23:22
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7059 Points Joined January 2017
thank you and congratulations
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On 10 March 2019 at 00:52

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