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input credit on capital goods

ITC / Input 201 views 5 replies
can we avail the input credit on capital goods at once or is it have to be claimed in certain ratio and is the limit of ₹10000 still applicable which was present in CENVAT Credit Rules..? If possible pls also state the
Rule no. for reference..
Replies (5)
You can claim 100% in onece at the time of purchasing.
if i sell zero rated goods then given credit once or certain ratio?
@ Tarun., Give me the clarification...!
if i have sell taxable goods then 100 % claim at once. but i have sale exempted &taxable goods then claim 100%once.
Yes. Good question...
If you not avail the ITC then you can get depreciation in IT full amount...


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