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GST ITC  

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Hitesh
(@hitesh)
New Member
Joined: 2 years ago
Posts: 1
08/04/2019 5:23 pm  

If a businessman purchase software(intangible asset) which will work for long time so can he take ITC?


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Babatax
(@babatax)
Member Admin
Joined: 2 years ago
Posts: 116
08/04/2019 5:40 pm  

Software being capital good, you can take full ITC in one go, but limited to the tax amount of software exclusively used for taxable supply.


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