Input tax credit claimed before registration

if a machinery is purchased on 1-6-2020 n gst has being applied on 2-7-2020 n regestration granted can itc on capitql goods be claimed on machinery purchased before registration
if not what is remedy to take credit
Replies (4)
Quick Summary
This discussion addresses whether Input Tax Credit (ITC) can be claimed on machinery purchased before GST registration. Generally, ITC cannot be claimed on assets acquired prior to registration. However, if Form ITC-01 was filed within 30 days of applying for registration, detailing the purchase, then credit might be claimable. If this deadline was missed, claiming ITC on such machinery is typically not possible.

U can not take ITC on machinery
Incase if you have not filed Form ITC - 01 within 30 days after applying for registration declaring the details of purchase, you will not be eligible to claim Input Tax Credit for any assets you purchase.
Thanks.
Thank you ..
You cannot avail the ITC on machinery

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
30 September 2026
Senior Accounts Executive

Codeboard Technology

Chennai

MBA

View Details
Company
ARTICLESHIP 07 September 2026
Article/ Paid Assistant

Murali and Sumeet Chartered Accountant

Bengaluru

CA Foundation

View Details
Company
ARTICLESHIP 30 September 2026
CA Article Assistant

CA Suraj Garg & Associates

New Delhi

CA Final

View Details
Company
09 September 2026
SENIOR AUDITOR & ACCOUNTS MANAGER

Anupam Parashar & Co.

Ghaziabad

CA Final

View Details
Company
15 September 2026
Client-site CA associate

Aditya Muley and Co

Mumbai

CA

View Details
Company
18 September 2026
Accounts & Finance Specialist

ULTRA CHEMICAL WORKS

Thane

CA Final

View Details
Company
16 September 2026
Internal Audit - Team Lead

Consulting & Beyond

Chennai

CA

View Details
Company
ARTICLESHIP 18 September 2026
Industrial Trainee

Twenty Point Nine Five Ventures Private Limited

Noida

CA Inter

View Details