GST input credit for Mobile Phones
This query is : Resolved
Quick Summary
16 February 2021
I am a director of a company, I am planning to purchase Iphone Pro 12, which costs 125k, If invoice is made on company, can Company avail input credit on this mobile phone purchase?
16 February 2021
Yes, If Company made purchase can claim Input.
But Make sure you receive proper GST invoice under B2B.
GST No. of company is mentioned in Invoice and same is being reflected in 2A then there should not be problem to take credit of it
But Make sure you receive proper GST invoice under B2B.
GST No. of company is mentioned in Invoice and same is being reflected in 2A then there should not be problem to take credit of it
16 February 2021
There is no problem in claiming ITC if the bill is in the name of the company and GSTIN is mentioned.
16 February 2021
ITC not available due to personal nature expenditure.
18 February 2021
ITC available if mobile is mainly used for company's business.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Reopen of assessment proceeding
- Is any professional CA is here please reply
- EPF FULL & FINAL RULES IN 2026
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- Reprocessing of rectification order AY 2025-26
- FTS Taxable under 115A
- Rental income gst and it purpose
- Foreign lottery ticket bought online from India: legality, tax and consequences
- Putting a heading on received mail
- COMMERCIAL INVOICE FOR MATERIAL AND FREIGHT
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
