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ITC on Capital Goods
When a ITC availed Capital good is partly used for exempted goods or exempted services. Whether ITC should be reversed
Replies (3)
Quick Summary
Yes ........ as per Section 17(2) read with rule 43, credit is restricted ITC attributable to taxable or zero rated supply
How to show gst 3b
Need report reversal under Table 4(B)(1) every month
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