banner_ad

ITC ON CAPITAL GOODS

ITC / Input 333 views 3 replies
ITC on capital goods can be claimed on monthly basis or yearly basis. every month we reruird to claim ITC on capital or we requird to claim one time for evey 5 years
Replies (3)
ITC on capital goods can be claimed when such goods are received along with the invoice. there is no provision saying claiming of ITC either monthly or yearly basis.
ITC on capital goods can be claimed when such goods are received along with the invoice. there is no provision saying claiming of ITC either monthly or yearly basis.
Sec 16 dealing with input tax credit allows credit to be taken when goods and bill received


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details