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?
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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