PURCHASED OF HEATER FOR ROOM


This query is : Resolved 

Quick Summary
A user purchased a room heater for their office and is seeking advice on its accounting treatment. They want to know if it should be classified as a fixed asset or an expense in their books. Additionally, they are inquiring about the eligibility for GST input tax credit on this purchase.

22 January 2020 Respected Sir,

I purchased room heater worth 2000/- for office purpose now my question is:-

1- In my books of accounts what should be shown either fixed asset or expenses ??
2- Can I take GST input on it ??

22 January 2020 Other fixed assets.
ITC not available

22 January 2020 its better not to capitalised item not exceeding 5000 rs.
write off as expenses.


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