can I claim refund of itc of input paid on Capital goods(goods transport vehicles) if yes how much amount
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Quick Summary
This discussion clarifies whether Input Tax Credit (ITC) paid on capital goods, such as goods transport vehicles, can be refunded. The consensus is that ITC refunds are generally only permissible under an inverted duty structure and specifically for inputs, not capital goods. Therefore, claiming a refund of ITC on capital goods is not allowed.