itc on fixed assets

ITC / Input 333 views 5 replies
Can we claim itc on purchase of fixed assets?
Replies (5)
Yes u can claim itc on purchase fa from gst register dealer
yes u can and bookd in capital goods account
yes u can claim but u cannot claim depreciation on the portion of tax amount
yes u can claim but u cannot claim depreciation on the portion of tax amount

CAN I CLAIM ITC ON FIXED ASSETS VEHCILE USEED OF MATERIAL SUPPLY.


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