ITC on Computer purchases for use in office


This query is : Resolved 

Quick Summary
You can claim Input Tax Credit (ITC) on computers, printers, and software purchased for your business, provided your GSTIN is listed on the invoice. Ensure you comply with Section 17(2) and Rules 42/43 of the GST Act. When claiming ITC, remember to use the base amount excluding GST for fixed asset accounting.

12 July 2021 If I purchase a computer, printer, tally Erp 9 for my business/office use, can I claim ITC on the same ? If not, whether entire invoice value is to be allocated to the computer a/c.

12 July 2021 You may claim ITC on all these purchases provided your GSTIN is documented on the invoice.

12 July 2021 ITC can be claimed...........................

12 July 2021 You can claim subject to provisions of Section 17(2) read with Rule 42/43.

26 September 2021 If ITC being claimed then please consider only base amount ex gst for Fixed Assets.


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