hlo frnds
pls tell us we are take itc on capital goods ??and how if we are charge depriciation on the end of year
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input credit on capical goods
Replies (2)
You can take the ITC for the tax portion, and the basic portion i.e. basic purchase price excluding tax needs to be capitalised. YOu cannot capitalise the tax portion.
sir pls tell if we charged depriciation and we also will take itc ??
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