can we claim ITC on broadband or telephone or electricity bill.
Replies (5)
Quick Summary
This discussion clarifies the eligibility for claiming Input Tax Credit (ITC) on broadband, telephone, and electricity bills. Generally, ITC can be claimed if the bills are in the company's name and meet other GST requirements. For hotel stays, ITC is claimable only if the hotel is in the same state as the company's GST registration. The availability of full ITC also depends on whether the company provides all taxable services or if proportional credit is applicable under Rule 42.
Yes, You can take ITC of broadband or telephone or electricity bill subject to section 16 i.e Bill is on name of company, GSTIN is mentioned on bill ect.. For hotel service only for staying purpose, you can take ITC, only if it's same state in which Company has its GST registration, ITC of other state hotel not allowed.