ITC on Capital Goods

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....TC on Capital Goods<br> Query (Issue) Started By: - Jatin Kumar Dated:- 10-1-2018 Last Reply Date:- 11-1-2018 Goods and Services Tax - GST<br>Got 6 Replies<br>GST<br>Sir / Madam, We have purchased Mobile Phones & Computers for our firm. Can i take ITC on Mobile Phone & Computers in one installment. What is SAC for Commercial Training & Coaching Centre Regards, Jatin Kumar Reply By Rajagopala....

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....n Ranganathan: The Reply: Sir, If the mobile phones andf computers are used in the course of or furtherance of business you can take the ITC. If they are for personal use then ITC is not allowed. SAC for commercial training and coaching service is 999293. Reply By Jatin Kumar: The Reply: Thank you very much Rajagopalan Sir, We are used Mobile Phones & Computers for furtherance of business. ....

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....Can i take ITC on Capital Goods in one instalment (Full ITC take in the month of purchase) Regards, Jatin Reply By KASTURI SETHI: The Reply: Full credit on capital goods is admissible. Reply By Ganeshan Kalyani: The Reply: No such restrictions as like in previous tax regime. Full credit is allowed. Reply By koushal sharma: The Reply: Mobile Phone & Computers for business use you can take ....

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....ITC, otherwise for personal use not necessary ITC. SAC Code for Commercial Training & Coaching Centre is 999293 with 18% GST Rate. know more about GST related question and answer just click on GST Forum India Reply By Jatin Kumar: The Reply: Thank you very much all experts for your prompt replies.<br> Discussion Forum - Knowledge Sharing ....