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Sivadasa Varma   23 February 2019

Is capital goods credit eligible for inverted duty gst refund

dear sir.
please confirm whether we can claim the excess itc balance for capital goods credit.
also we are manifacturers of grey fabrics having itc credit of 12% on rm and 5% on fabrics sales


thanks


 3 Replies

pritesh

pritesh (CA Final student)     24 February 2019

yes. you can claim
1 Like
Arjun Aggarwal

Arjun Aggarwal   24 August 2021

Please provide refernce of relevant section. i think we cannot claim
VIKAS ESNAPURAM

VIKAS ESNAPURAM (CA-JOB)     24 August 2021

No, you are not allowed to take credit for Capital Goods and services as well.


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