We have a trading firm of Sanitary ware. We have purchased Air conditioners for one of our showrooms. Can GST (CG + SG) paid on the AC purchased be claimed as ITC?
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Can ITC be claimed on AC purchased for showroom?
Replies (4)
Yes, GST ITC can be availed on air conditioner since it is used for business purposes.
it s a capital good and hence eligible under section 16 of CGST act
Yes... You can avail ITC benefit.
treated a s capital asset and ITC can be Availed as used in the business
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