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ITC / Input 195 views 6 replies
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ACCOUNTANT
366 Points Posted on 02 February 2018
dear experts I am doing job working yarn dyeing unit. I purchase some machinery for dyeing unit with gst. it's eligible for input tax credit.. (my gst number mention in the invoice)
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On 02 February 2018 at 17:42 Report
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Chartered Accountant
12739 Points Posted on 02 February 2018

YES , CAN TAKE ITC ON CAPITAL GOODS 

40 Reply
On 02 February 2018 at 17:46
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ACCOUNTANT
366 Points Posted on 02 February 2018
OK thank you sir
1 Reply
On 02 February 2018 at 17:50
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87 Points Posted on 02 February 2018
Dear Naveen Chand sir,

I have a 2 Import Fright Invoices.. 
party name is Yusen Logisticss...
1) 5 % on fright
2) 18% on fright

in taht case can i take full credit on both the invoices???


how can i take input of these two different tax rate???
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On 02 February 2018 at 19:40
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1431 Points Posted on 02 February 2018
5 % is for ocean friegt charges. 18% for freight service you can claim both input
1 Reply
On 02 February 2018 at 19:47
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87 Points Posted on 02 February 2018
can i paid 5% RCM?
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On 02 February 2018 at 19:52
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1431 Points Posted on 02 February 2018
5% will be already charged on bill . not rcm
1 Reply
On 02 February 2018 at 20:07


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