ITC and depreciation impact for capital goods

Shivangi Aggarwal (15 Points)

20 August 2019  
capital goods like printer purchased for business .
suppose printer taxable value is Rs 4000
gst is Rs 720 ,bill value Rs 4720
So in GSTR 3B return we will claim this ITC
but for the purpose of depreciation
we will calculate on 4000 (4720-720)
or on 4720
kindly help me with this confusion