itc reversed on capital goods purchase

362 views 3 replies
Dear Sir,

We have done this on November 17 , Laptop purchase for business use , and CCTV , DVR, hard disc, cable purchase for business godown and office security purpose can we take 100% itc on these purchases and it's necessary to itc reversed under rules 42,43
example (itc value is 10000 / 60 = 166.67 ) in gstr3b itc reversal rules 42, 43 itc value Rs.10000 - 166.67 = Rs.9833.37 return to govt and claim itc per month 166.67 for next 59 month's

kindly help me we continue asked about its ,

Arshad
Replies (3)
I think , In place of monthly input, You should use this input 10000 / 5=2000/- , For capital goods you can take 100% input but you have to use this input in 5 years.

100% itc available on purchase of capital good used for business purpose and not used for exempt supply as well as zero rated supply.

मेरे सवाल के जवाब के लिए धन्यवाद , एक सवाल ये है मुझे पहले rule 42,43 के अंतर्गत पहले पूरा input return Karna Hoga aur yearly 20% itc claim Karun next 5 year's tak Please clear it's Regards Arshad

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
22 June 2026
Finance Manager- Chartered Accountant

Triveni Turbine Limited

Bengaluru

CA

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
Featured 15 June 2026
Senior Auditor

N. Dhawan & Co

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 18 June 2026
Article Assistance

RB KESHRI & CO.

Mumbai

CA Inter

View Details
Company
24 June 2026
Senior Account (VA Client Operations)

Karbon Business

Bengaluru

CA Inter

View Details