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Availability of ITC on LCD projector

ADHIP KUMAR MISRA (ACCOUNTS MANAGER) (176 Points)

19 September 2020

Hello , I wish to know whether input tax credit benefit can be availed of on hiring of LCD projector and screen which are used in a business conference by a company in a hotel .. The invoice is raised on the company's name with GST charged seperately . Please clarify.

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4 Replies

CA Sunil Kumar (Chartered Accountant) (4514 Points)
Replied 19 September 2020

Yes, you can avail the itc.

Sagar Patel (Tax and Business Consultant) (11611 Points)
Replied 20 September 2020

Yes, You can take ITC of the same.....

CA Sachin M Jain (CA | GST | Refunds | Advisory | Litigation) (1313 Points)
Replied 21 September 2020

Yes , u may claim the ITC on hiring of LCD projector and screen.
For claiming ITC always pass the inward supplies through section 16 and 17.

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CA. Heet Shah (Tax Consultant & Practitioner) (6174 Points)
Replied 30 October 2020

Originally posted by : ADHIP KUMAR MISRA
	Hello , I wish to know whether input tax credit benefit can be availed of on hiring of LCD projector and screen which are used in a business conference by a company in a hotel .. The invoice is raised on the company's name with GST charged seperately . Please clarify.