Payroll software itc under gst
This query is : Resolved
28 June 2018
Dear Experts
Kindly advise we have purchased PAY ROLL SOFTWARE, for this can we eligible for ITC under GST and how to treat this we have to Capitalise or book expenditure
Kindly advise we have purchased PAY ROLL SOFTWARE, for this can we eligible for ITC under GST and how to treat this we have to Capitalise or book expenditure
Ketan Samdani
(Expert)
28 June 2018
First time expenses on buying software to be capitalized. The amount to be capitalized shall be basic value without GST. ITC of GST can be claimed.
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