One of my friends, had proprietor concern firm. He purchase a new machinery value 25 lacks. Gst tax is 12% on It. He is eligible to get input tax or not?

Asked on January 17, 2019 in Miscellaneous.
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1 Answer(s)

definitely you can take ITC assuming that it is used for business. please note the ineligibility of ITC will only be arises when it is under Sec 17(5).

Answered on January 17, 2019.
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Your Answer

Gen GST