Gst on capital goods can take credit?

Gst on capital goods can take credit?

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6 Answer(s)

Yes you can take the gst credit on capital goods.

Answered on June 5, 2017.
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कोई भी ragisted person जो capital goods की trading ना करे वो केवल कैपिटल गुड्स use करने के लिए Purchase करे उस पर Input Tax credit available होगा

Answered on June 5, 2017.
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Input tax credit can be availed on capital goods but say if P and M is of 20000 ang GST is 3600 total 23600 so input tax credit can be availed 3600 but one must sure that the show cost of PM Rs 20000 . as double benefit can not be.

Answered on June 5, 2017.
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Yes we can take input credit on Capital Goods also In GST subject to some limitations.

Answered on June 5, 2017.
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If you claim depreciation, input tax credit not available. better to claim depreciation.

Answered on June 5, 2017.
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Yes GST on capital goods can be taken as Input tax credit. Unlike existing law where it is allowed 50% in first year and balance in 2 be year, in GST regime it\’s going to be 100%in firsts year

Answered on June 5, 2017.
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Your Answer

Gen GST