ITC ON Capital Goods

ITC / Input 123 views 4 replies
can total ITC can be claimed on capital goods at once
Replies (4)

You can calim ITC on  capital goods 1)it should be  taxable supply 2) Must use for the Busniess purpose .please  Clerify  Total  ITC  at once

credit on capital goids can be taken at a time

You should claim as per  Invoice date & receipt of goods  rather than at a time .

can we claim total credit at a time on receipt of capital goods or equally in five years


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