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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If I buy a machine for production and get GST return back
Replies (7)
gst return back ? input credit??
I m not confirm please tell
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....
you can use the input tax credit to set off your output tax liability....
You can CLAIM ITC on machinery..
ITC over capital goods as used in the business can be claimed
aapko aapka gst milega...but gst portal pe aapko credit ledger main milega...jab aap gstr 3b main usko dikhate ho tab
thank you and congratulations
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