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Can i take itc on iphone purchase

2010 views 9 replies
I purchased iphone for business use
my business is garments
can i take gst itc ?
Replies (9)
Yes, you can if it is useful for furtherance of business. otherwise big no.
If the iPhone is bought in the name of business and the GST number is given to the seller and if it is reflecting in GSTR-2B then you can claim ITC
Provided used for furtherance of business.

Yes, you can take ITC provided bill should be in the name of your business.

Yes if used for business purposes

dont sale it for 5 years otherwise you have to reverse ITC

Is the invoice in the name of business?

To know the procedure to claim GST ITC benefits on iphone check out our featured post on https://www.facebook.com/casachinmjain

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