Purchase of Computers and AMC , UPS AMC can claim ITC

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This discussion clarifies whether Input Tax Credit (ITC) can be claimed on Annual Maintenance Contracts (AMCs) for computers and UPS. The consensus is that ITC is claimable, provided that the business's output supplies are subject to tax. This is good news for agricultural research service providers looking to reduce their tax liabilities.

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(Querist)
05 January 2025 We provide Scientific and Research services in Agriculture we purchased Computers and also we have AMC for computers and UPS can we get ITC on AMC computers and AMC on UPS?
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
05 January 2025 Yes, provided your output supplies are taxable.
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Srimannarayana

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Srimannarayana (Querist)
05 January 2025 Thanking you very much sir
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
05 January 2025 You are welcome.
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