ITC claim on purchase of capital goods
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....TC claim on purchase of capital goods<br> Query (Issue) Started By: - V Rajalakshmi Dated:- 18-5-2022 Last Reply Date:- 20-5-2022 Goods and Services Tax - GST<br>Got 1 Reply<br>GST<br>whether Supplier....
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.... of ready-to-cook food paying tax @5%on output can avail ITC on capital asset purchase? Reply By Shilpi Jain: The Reply: There is lack of clarity in the query. If the item is sold as goods and tax p....
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....aid then ITC would be eligible. The ITC restriction is only in case of supply of service<br> Discussion Forum - Knowledge Sharing ....