Input Credit on Payroll Software

This query is : Resolved 

Quick Summary
Yes, you can claim Input Tax Credit (ITC) for the GST paid on your payroll software purchase. This expense is considered to be in furtherance of your business. To be eligible, your business supplies must be taxable.

17 February 2020 I have purchased the Payroll software with 18% GST. Pls let me know.... can I avail the ITC of GST paid on software purchase???

17 February 2020 yes you can avail the itc as this expense in the nature of furtherance of business.

17 February 2020 Yes... You can avail ITC for the purchase of "Payroll Software" if Your supplies are Taxable.

18 February 2020 Yes, you can avail the ITC on that expenses.


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