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ITC CREDIT
if i purchase capital goods as on 13 june 17 then in gst can itc avail full or 50% please explain if any capital goods purchase in jun or july what effect in gst for itc
Replies (3)
Full ITC on Capital Goods can be availed if it was not availed as CCR under CENVAT Credit Rules.
thank you for your answer under which section full credit is allowed in gst. and if i already 50% credit then balance credit is allowed in gst and if allowed when?
Yes, remaining 50% is also allowed under GST.
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