GST ITC on Assets Purchase
This query is : Resolved
Deepak Londhe
(Querist)
17 October 2024
Dear Experts,
We are using Fixed Assets (Computer, Furniture etc.) on rent from Oct-23 to Feb-24, but invoice not raised by vendor.
We have taken exps provision for rent of 5 Months (Oct-23 to Feb-24) as on 31-Mar-24.
Now in Oct-24 that vendor is raising invoice which he will show in Oct-24 GST return.
So can we avail GST charged on all these invoices as these invoices are charged for the period Oct-23 to Feb-24 (23-24) ?
Please Guide.
We are using Fixed Assets (Computer, Furniture etc.) on rent from Oct-23 to Feb-24, but invoice not raised by vendor.
We have taken exps provision for rent of 5 Months (Oct-23 to Feb-24) as on 31-Mar-24.
Now in Oct-24 that vendor is raising invoice which he will show in Oct-24 GST return.
So can we avail GST charged on all these invoices as these invoices are charged for the period Oct-23 to Feb-24 (23-24) ?
Please Guide.
18 October 2024
Yes, ITC can be claimed in Oct 2024.
Message likes :
1 times
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
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
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
