This discussion clarifies whether a company can claim Input Tax Credit (ITC) on an Apple Watch purchased in the company's name with its GSTIN. The consensus is that if the watch is for personal use by the director, ITC cannot be claimed. It is only eligible if it's demonstrably for the furtherance of the company's business.
Whether Apple watch purchased by Director on companies name with companies GSTIN mentioned on Tax Invoicd is eligible for ITC in GST for Company or not.
Doesn't it treat as for furtherance of business Please it's urgent. Thanks