ITC on Capital Goods

343 views
User Avatar

218 Points Posted on 19 June 2018

Whether Input tax credit on Inputs and Capital Goods is allowed in one installment?

0 Reply Share Follow
On 19 June 2018 at 20:10 Report
Replies (5)
User Avatar

24196 Points Posted on 19 June 2018
Yes, in one installment you can take full ITC.
Reply
On 19 June 2018 at 20:30
User Avatar

GST Practitioner
55067 Points Posted on 19 June 2018
Yes its allowed .
Reply
On 19 June 2018 at 20:31
User Avatar

Article ship
33 Points Posted on 19 June 2018
yes it is allowed fully
Reply
On 19 June 2018 at 21:13
User Avatar

Final Student of ICAI
1764 Points Posted on 19 June 2018
Allowed only if it is exclusively used in making taxable supply. If used partly for exempt and partly for taxable supply, then entire credit not allowed in one instalment. Please refer to Section 17 in this regard
Reply
On 19 June 2018 at 22:14
User Avatar

6 Points Posted on 20 June 2018
yes fully allowed
Reply
On 20 June 2018 at 09:28

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. Criteria to hire an article
  2. Guidence requested for a Finance Professional with
  3. Expert Opinion Required – Form 140 Gross Amo
  4. WRONG TAX DEMAND - formal responses , rectificatio
  5. Foreign remittance
  6. Affordable Residential Flats in Gurgaon
  7. Manufacturing
  8. TAN REGISTRATION ON E-FILLING SITE
  9. Form 10-IEA – Continuing Old Regime
  10. Income tax act 2026

More recent discussions | Post

Related Topics :

Loading