https://www.taxtmi.com/forum/issue?id=115117 A registered person who has claimed depreciation on the tax component of capital goods under the Income-tax Act cannot claim input tax credit or refund on that same tax component under GST; the tax component is excluded from ITC where depreciation has been claimed, preventing a double benefit. en-us Sun, 23 Jun 2019 08:41:44 +0530 Thu, 23 Jan 2025 15:55:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=115117 A registered person who has claimed depreciation on the tax component of capital goods under the Income-tax Act cannot claim input tax credit or refund on that same tax component under GST; the tax component is excluded from ITC where depreciation has been claimed, preventing a double benefit. Discussion-Forum GST Sun, 23 Jun 2019 08:41:44 +0530 https://www.taxtmi.com/forum/issue?id=115117