I am owner of a hotel, some space of hotel property under construction. So currently purchasing pvc pipes & fittings, faucets for my own house where the supplier gave me tax invoice with CGST SGST & used my hotel business GSTIN in the invoice. Can I claim ITC on the same?
Menu
Can I claim the ITC Claim?
Replies (4)
No
no you cannot claim as per sec 17(5)
no you cannot claim ITC ,
The goods being used for personal purpose but the Bill for same raised by supplier at your GSTN , then book that bill in books of account & reverse it at the same time as per the provision of Section 17(1) of CGSt Act
The goods being used for personal purpose but the Bill for same raised by supplier at your GSTN , then book that bill in books of account & reverse it at the same time as per the provision of Section 17(1) of CGSt Act
No .ITC not available as Per 17(5),
Recent Topic
- Section 54F exemption for buying a plot
- My client missed to file ITR 3 for AY 25-26
- Subscription/Membership fees
- Inverted tax gst refund
- Mismatch of pincode and district while registering
- Total income less than 12 lakhs but after processi
- Is Getsvision Solutions right for SMTP bulk email
- Queries on Stock/ETF gifting.
- Adding bank account for the deceased for ITR refun
- SALE OF EQUITY ON THE LAST DAY OF THE FY 2024-25 N
Related Topics
CAclubindia
