I purchased iphone for business use
my business is garments
can i take gst itc ?
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Can i take itc on iphone purchase
Replies (9)
Quick Summary
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?
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