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
Menu
Is capital goods credit eligible for inverted duty gst refund
Replies (3)
yes. you can claim
Please provide refernce of relevant section. i think we cannot claim
No, you are not allowed to take credit for Capital Goods and services as well.
Recent Topics :
- IPO application checklist: 18 rules that decide wh
- NSE IPO Price, GMP, Allotment Date and Listing
- Gst tax rate
- Cash deposited by customer
- CAPITAL GAIN REG
- Built a simple tool to automate client document fo
- Capital Gain on Sale of SRA Allotted Flat Received
- Discrepancy in Auto populated figures in GSTR1 of
- What should I do after receiving a GST Show Cause
- Discuss and Download CA Inter Question Paper Septe
Related Topics :
CAclubindia
