Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

ITC on Capital Goods

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 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 Rajagopalan 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 p .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ersonal 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. 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 cre .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... dit 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 ITC , otherwise for personal use not necessary ITC . SAC Code for Commercial Training Coaching Centre is 999293 with 18 % GST Rate. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 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. - ITC on Capital Goods - Query Started By: - Jatin Kumar Dated:- 10-1-2018 Goods and Services Tax - GST - Got 6 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Managemen .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... t India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates