Is ITC on AC Purchase for a business entity eligible

This query is : Resolved 
Quick Summary
Businesses can indeed claim Input Tax Credit (ITC) on the purchase of air conditioners for their office use. This means that the GST paid on the AC can be set off against your future GST liability. Therefore, if you're a business entity, you are eligible to avail this ITC.

Profile Image

Profile Image

(Querist)
16 February 2023 is ITC on AC Purchase for a business entity eligible for their office use
Profile Image

Dhirajlal Rambhia

Profile Image

Dhirajlal Rambhia (Expert)
16 February 2023 Yes, eligible.
Profile Image

Arun Kumar Singh

Profile Image

Arun Kumar Singh (Expert)
16 February 2023 Yes, you can take the ITC.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries


Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Pro Member B L BhojwaniB L BhojwaniPro Member kopparapu bheemaraokopparapu bheemaraoPro Member THUSHAR MURALI KRISHNATHUSHAR MURALI KRISHNAPro Member RAJENDRA PARAKHIRAJENDRA PARAKHIPro Member Krishna Kumar AKrishna Kumar A
Subscribe to Pro
Join an elite circle of professionals



Answer Query



Quick Links



Browse by Category