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itc on capital goods

ITC / Input 277 views 6 replies
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264 Points Posted on 14 September 2017
pls sir itc on capital goods take one time or propration rate for 5 yr
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On 14 September 2017 at 22:51 Report
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paid assistant
132 Points Posted on 14 September 2017
one time ,you fill tran-1 2nd box then total itc will be shown in credit ledger when submitted tran-1
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On 14 September 2017 at 23:00
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Gst Practicion
702 Points Posted on 14 September 2017
If we new capital goods purchased and also gst charged, when we claim credit and what amount? e. g. Purchase date 14.08.2017 and gst charged on bill 25000/-
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On 14 September 2017 at 23:30
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"Do the Right Thing...!!!"
128152 Points Posted on 15 September 2017
@ Sahoo.,
You can take ITC for the Full amount (25000) In August month transactions...
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On 15 September 2017 at 08:49
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"Do the Right Thing...!!!"
128152 Points Posted on 15 September 2017
@ Tarun.,
If your purchases after July you can claim full ITC on transaction month.
If it's your previous Tax regime's then you ll be file TRAN 1 then claim fully....
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On 15 September 2017 at 08:51
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Gst Practicion
702 Points Posted on 15 September 2017
Mr Raja but Current GST RULES, the itc can be claim on capital goods to be 5 year proportionate basis, Is it true?
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On 15 September 2017 at 10:58
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264 Points Posted on 15 September 2017
mahendraji i am also same question pls reply raj sir?
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On 15 September 2017 at 11:06


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