ITC on Capital Goods
Posted By :
CS Shiriti /
Published on :
28-Aug-2018 11:33 AM /
View :
481 /
Comment :
1
ITC On capital goods query
In gold retail shop (proprietorship) they purchased CC camera can we claim full GST once? they also received rent expmeted (agriculture gooden) rule 42 and 43 apply to these case?
Read more on : goods capital
-
-
Posted By : Shiriti /
Published on :
07-Jun-2023 07:40 AM /
View :
351 /
Comments : 0
If your trademark application has been refused, how to file an Appeal ?
Click here to view / answer Share it on
-
Posted By : Shiriti /
Published on :
07-Jun-2023 07:24 AM /
View :
220 /
Comments : 0
Should DPT-3 be filed before 30-06-2023 or is it possible up to September?
Click here to view / answer Share it on
-
Posted By : Shiriti /
Published on :
07-Jun-2023 07:12 AM /
View :
196 /
Comments : 0
Please share the process and Guideline for for calculation of cost for Contravention of Paras 9(1)(A) and 9(1)(B) of Schedule 1 of FEMA 20, and Paras 3.1(I)(A)(2) of Foreign Exchange Management (Mode of Payment and Reporting of Non Debt Instruments) Regulations, 2019.
Click here to view / answer Share it on
-
Posted By : Shiriti /
Published on :
25-Apr-2023 06:09 AM /
View :
244 /
Comments : 0
Share the Procedure for grant of Conference Visa from the Ministry of Home Affairs for the purpose of conference/seminar/workshop and its validity.
Click here to view / answer Share it on
-
Posted By : Shiriti /
Published on :
30-Jan-2023 05:44 AM /
View :
373 /
Comments : 17
NRE Certificate format required for filing on FIRMS (RBI)
Click here to view / answer Share it on
-
Posted By : Shiriti /
Published on :
17-Jun-2022 06:28 AM /
View :
659 /
Comments : 6
Issue of shares under Employees Stock Options Scheme and/or sweat equity shares to person resident outside India
Click here to view / answer Share it on
-
Posted By : Shiriti /
Published on :
05-Apr-2022 10:06 AM /
View :
1118 /
Comments : 9
Can I receive payment from my clients in my bank account before applying for the commencement of the business certificate (Form INC 20A) ?
Click here to view / answer Share it on
-
Posted By : Shiriti /
Published on :
05-Apr-2022 10:06 AM /
View :
975 /
Comments : 21
Will my company account get freezed if my client didnt filed INC 20A : Commencement of Business within 180 days from the date of incorporation?
Click here to view / answer Share it on
Unanswered Queries
Latest Queries
Popular Queries
Blogs
Like us on Facebook
Follow Us on Twitter
Copyright © 2024 Compliance Calendar LLP. Developed By
Yes, one should claim GST ITC at once on the basis of Date of Tax Invoice!
GST Input Tax Credit on Capital Goods is fully allowed at the Time of Purchase through Tax Invoice to be used in Business except when:
Further, when the Capital Goods is sold before the end of Five Years from the Date of Purchase of Capital Goods then ITC claimed on such Capital Goods will be reversed proportionately taking into account the Balance Month left out of Five Years (X/60 Months).
Read more at https://cbec-gst.gov.in/pdf/itc-rules-17052017.pdf Point No.(8)