about input taken

Sir,

for relay of Live Telecast a customer purchased a video system nearly 1 Cr. in this invoice gst was deducted  nearly 14 L by State and Central tax.

Can we claim this input?

Can you explain this one.

Local cable tv operator having one more business i.e own network channel , for that he bought one unit of cameras, and other accessories for ! cr. with the TDS (GST) 14 L. , can claim sir?

Yes he is a GST Holder, There is a doubt here sir, this invoice belongs to October 2017, their consultant advise to keep for tthis invoice as Capital Goods and can claim only in incometax depreciation if not avail this ITC. Is it right sir?

This invoice is for the month of October, their consultant didnt show this invoice in GST october return, also replied can get depreciation for incometax purpose.

Thank you sir.

GSTr 3B for october filed already without this invoice and itc, Can I book this invoice to currnt month sir?

Sir,

Just now I taken this from cleartax page.

"

Input Tax Credit under GST – Conditions To Claim

A registered person will be eligible to claim Input Tax Credit (ITC) on the fulfilment of the following conditions:

1. Possession of a tax invoice or debit note or document evidencing payment

2. Receipt of goods and/or services

3. Goods delivered by supplier to other person on the direction of a registered person against a document of transfer of title of goods

4. Furnishing of a return

5. Where goods are received in lots or installments ITC will be allowed to be availed when the last lot or installment is received.

6. Failure of the supplier towards supply of goods and/or services within 180 days from the date of invoice, ITC already claimed by recipient will be added to output tax liability and interest to paid on such tax involved. On payment to supplier, ITC will be again allowed to be claimed

7. No ITC will be allowed if depreciation has been claimed on tax component of a capital good