Can input gst be taken on purchase of lights for shop

show as u purchase electicity items for sales purpose 

It is not a restricted item as per Sec 17 of the CSGT act. so, you can claim the input.

YES , OFCOURSE ...

THE BILL OF ELECTRICAL ITEMS PURCHASED MUST SHOW THE GSTIN NO. OF YOUR COMPANY 

AND ITC ON ASSETS CAN BE AVAILED EITHER AS ITC OR DEPRECIATION 

THANKS !!

Sir,

Which one is the benefit to us in the following conditions ..

1) GST Input credit taken on Asset Purchase 

2) GST Input Credit not taken on Asset Purchase, But Depreciation claimed on GST Tax Also

We have confusion on GST Input Credit taken on Asset Purchase.

Kindly clarify me.

Thanks & Regards,

M.Shanmugasundaram

Sir,

Which one is the benefit to us in the following conditions ..

1) GST Input credit taken on Asset Purchase 

2) GST Input Credit not taken on Asset Purchase, But Depreciation claimed on GST Tax Also

We have confusion on GST Input Credit taken on Asset Purchase.

Kindly clarify me.

Thanks & Regards,

M.Shanmugasundaram

Originally posted by : M.Shanmugasundaram
	Sir, Which one is the benefit to us in the following conditions .. 1) GST Input credit taken on Asset Purchase  2) GST Input Credit not taken on Asset Purchase, But Depreciation claimed on GST Tax Also We have confusion on GST Input Credit taken on Asset Purchase. Kindly clarify me. Thanks & Regards, M.Shanmugasundaram

INPUT TAX CAN BE AVAILED ON ASSETS AND DEPRECIATION TO BE CLAIMED ON NET VALUE (TOTAL - ITC AVAILED) 

Thank you sir