Dear friends
One of my relative established a hospital along with Pharmacy & Diagnostic lab since 2015, registered under GST on 17/09/2017.
He is filing monthly returns (GSTR-3B/GSTR-1) regularly.
In the month of JULY 2018 , He purchased an equipment(Asset) for Diagnostic lab.
Can he eligible to claim Input tax credit on purchase of such machinery?
if eligible, Can apply for refund?
CAclubindia
