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For Furniture ITC

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This query is : Resolved

Quick Summary

If you've purchased plywood to create movable furniture for your shop, you can generally claim Input Tax Credit (ITC) under Section 16 of the GST Act. This applies to furniture that can be relocated, either as is or after being dismantled.

jignesh sitapara

jignesh sitapara (Querist)
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02 September 2023 Dear Experts
My client purchase a plywood for making his shop furniture. Now Can I claim ITC on plywood u/s 16 ?

RAJA P M

RAJA P M (Expert)
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02 September 2023 Yes, You can claim ITC.

CA Shyam Agrawal

CA Shyam Agrawal (Expert)
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03 September 2023 If Movable Furniture(means furniture which can be moved from one place to another as it is or after dismentling) is made, then ITC can be claimed

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