If purchase machine rs 118000, with tax,
tax amount 18000
this is the capital goods for use for business
my query is how can claim in gst 3b rs 18000 tax amount .
it will calculate 60 month or full amount
You can avail input of total GST. However, if you will sold that machine before 5 years then you have to return input also of remaining years.
CAclubindia
