AC ITC

Ac purchased for business is eligible for itc in gst
Replies (3)
Quick Summary
This discussion confirms that an air conditioner (AC) purchased for business use is eligible for Input Tax Credit (ITC) under GST. The AC is considered to be used for the furtherance of business, and its taxable value should be capitalised in the company's accounts. Therefore, ITC is available for business AC purchases.

Yes, AC is used for the furtherance of business and taxable value should be capitalised in the books of accounts
ITC is available...
Yes ITC is available
Yes itc available

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