Redraft Rule 8 of GST ITC for common capital goods ITC Claim – ICAI – GST Rules Issue 25
Manner of determination of input tax credit in respect of capital goods and reversal thereof in certain cases Rule 8(1) of draft GST ITC Rules clause c,d & e provides as follows: (c) the amount of input tax in respect of capital goods not covered under clauses (a) and (b), denoted as ‘A’, shall be… Read More »