DEAR HELPDESK,
IT IS BEING STATED THAT A PERSON IS HAVING A PROPRIETOR FIRM AND HE WANTS TO PURCHASE CAPITAL GOOD I.E. A LOADING UNLOADING MACHINERY... MY QUESTION IS THAT CAN HE CLAIM THE GST HELD ON THE PURCHASE OF THAT CAPITAL GOODS IN HIS RESPECTIVE FIRM ALSO CAN HE UTILISE THAT GST? PLUS THE PAYMENT WILL BY PAID THROUGH THE LOAN AGREEMENT...
PLEASE REVERT ON THIS SERIOUS ISSUE...
YOURS FAITHFULLY,
LOVENDEEP SHARMA
CAclubindia
