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REGARIND MACHINE INPUT

This query is : Resolved 
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(Querist)
16 November 2023 BUSINESS NAME: EYE GLASSES AND FRAME
PURCHASE MACHINE FOR FITTING GLASSES AND FRAME

CAN WE CLAIM INPUT OF THIS MACHINE

THANKS IN ADVANCE

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Udaya Chandran

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Udaya Chandran (Expert)
16 November 2023 Yes, of course. ITC is available.
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CA. Ankit Vijaywargiya

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CA. Ankit Vijaywargiya (Expert)
16 November 2023 Yes, as you will be using machine for your business purpose and registered in GST for the same purpose thus you can avail GST Credit on such Machine.
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Rajamahendra Varma M.B.A.,LL.B

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Rajamahendra Varma M.B.A.,LL.B (Expert)
16 November 2023 Yes, you can avail ITC if you use the machine for same business purpose.
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