Itc for printer
This query is : Resolved
14 June 2018
We are traders. Can we avail ITC for a computer printer purchased for business purpose?. If yes can we avail it fully in the month of purchase? Can we also claim deprecation after availing ITC if allowed?
14 June 2018
Yes, you can avail 100% of ITC in the month of purchase itself. Depreciation can be claimed on the cost of the printer but not on ITC.
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