ITC on capital goods purchased for wholly taxable supplies

This discussion seeks clarification on claiming Input Tax Credit (ITC) for capital goods used in wholly taxable supplies. The core question is whether the full ITC can be claimed at the time of purchase, or if it must be taken on a proportionate basis over 60 months (monthly payment) or 20 quarters (quarterly payment). The consensus leans towards claiming the full ITC at the time of purchase, provided the capital goods are used for business purposes and are not immovable properties, as per Section 16 of the CGST Act read with Rule 43.