ITC
This query is : Open
25 September 2017
If purchased computer for business use, can I get ITC?
25 September 2017
Yes. You can avail ITC of GST paid on Purchase of Computer which is used for Business. Please ensure Computer is capitalized and depreciation is claimed on amount excluding GST.
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25 September 2017
how to create entry in day book?
computer purchase account is under purchase account or under movable property account?
25 September 2017
Computer will be under Fixed Assets head.
28 September 2017
entry creat under purchase entry or under jeneral entry?
28 September 2017
Through Journal Entry.....
28 September 2017
You dont need to show, when supplier uploads his GSTR1 it will be appear in your GSTR 2.
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