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ITC claim on purchase of capital goods, Goods and Services Tax - GST

Issue Id: - 117960
Dated: 18-5-2022
By:- V Rajalakshmi

ITC claim on purchase of capital goods


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whether Supplier of ready-to-cook food paying tax @5%on output can avail ITC on capital asset purchase?

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1 Dated: 20-5-2022
By:- Shilpi Jain

There is lack of clarity in the query. If the item is sold as goods and tax paid then ITC would be eligible. The ITC restriction is only in case of supply of service


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