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 :
- Late Fees and Interest
- HDFC Bank’s Bureaucracy: The Nightmare of Fl
- Running a CSC Center, Maha E-Seva Kendra, Setu Ken
- GSTR-9 Table 8A issue
- CA Inter Coaching institutes at Hyderabad
- Looking for practising CA
- TDS return filing
- Need formats of FS as per Co act 2013 in soft copy
- Remittance to italy
- Invoice made but goods not sent
Related Topics :
CAclubindia
