CAN CLAIM GST
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....AN CLAIM GST<br> Query (Issue) Started By: - PRADEEP SHUKLA Dated:- 19-11-2019 Last Reply Date:- 19-11-2019 VAT + CST<br>Got 2 Replies<br>VAT / Sales Tax<br>Dear Experts, I would like to know that c....
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....ompany has purchased a laptop & done payment from company current account. If we take purchased in Capital Goods / Fixed Assets of company can we avail ITC for the same on invoice raised by supplier ?....
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....?? Please help me in this query With Best Regards Pradeep Shukla Reply By SIVARAMA KUMAR: The Reply: Yes ITC is eligible in full if your business consists of taxable services alone . In case you ....
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....run a business partly taxable and partly exempted then you need to reverse the ITC for the exempted turnover ( common credit mechanism applicable as per the rules) Reply By Ganeshan Kalyani: The Repl....
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....y: Either GST credit or depreciation benefit one can claim in GST.<br> Discussion Forum - Knowledge Sharing ....