On the GST FastTab, in the HSN code field, select a value. Select the Vendor tax information FastTab.In this blog, we will discuss if we can claim GST input on fixed assets, items eligible for GST credits and other relevant details. The way to handle a fixed asset purchase is to first create the asset as per the Guide at Manager Cloud. This has no effect on financials. A sample entry to record a fixed asset purchase would be as follows: Fixed asset journal entry. Depreciation. This fund aims to provide investors with a rulesbased strategy to invest in stocks exhibiting momentum characteristics.