Q 189. Does input tax includes tax (CGST/ IGST/SGST) paid on input goods, input services and/ or capital goods?


Ans. Yes, in terms of section 2(54), 2(55) & 2(20) of the MGL respectively. It may be noted that credit of tax paid on capital goods also is permitted to be availed in one instalment.   [ As per FAQ on GST published by NACEN ] 317…

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