Q. 623 We are installing an Machinery which will be completed only in the year 2024. can we take the tax credit on the same in this month if the GST is reflecting in the GSTR2A ?

Ans.You can take the ITC of the same only on receipt of last instalment of the machinery.

Q. 622 When the Original Return for March of a particular year say 2019 is filed after October 2019 i.e after the due date for filing September 2019, whether ITC can be denied invoking the provision contained in Sec 16(4) of the GST Act 2017 ?

Ans. Yes, you will not be able to take ITC. 

Q. 621What is the rate of gst on rent of medical equipments to private hospitals. Is there any change in gst rate if medical equipment to be provided to patients home as a part of home care service. What is the HSN code for the same ?

Ans. You can use SAC 9973 with 18%.