Claim ITC on capital goods

A purchase a printer, he can claim ITC on that goods or not? it's used for office use, Plz suggest me.
Replies (5)
Quick Summary
You can claim Input Tax Credit (ITC) on capital goods, such as printers, if they are used for your business. To successfully claim ITC, ensure you meet all four conditions outlined in Section 16(2) of the CGST Act 2017. These include having a valid tax invoice, receiving the goods, the supplier paying taxes, and filing all returns. Remember, if you don't pay your supplier within 180 days of the invoice date, you'll need to reverse the ITC with interest.

Yes... ITC can be avail if Your supplies are Taxable...
My invoice date is 25april 2018 and shipping bill date is 4 may 2018 in which month i need to claim itc refund?
Your invoice date
As per the Provision of Section 16(1) of the CGST Act 2017, INPUT TAX CREDIT ( ITC ) can be claimed on all goods or services used in the course or furtherance of business.

Just ensure that all the FOUR CONDITIONS as laid down u/s 16(2) of the CGST Act 2017 is satisfied.

FOUR CONDITIONS :

(1). Possession of a Tax Invoice.
(2). Received the Goods.
(3). Supplier must have paid the Taxes to the Government.
(4). Filed all the Returns.

Also note that if you do not pay the consideration to your Supplier within 180 days from the date of invoice, then you have to Reverse your ITC claimed along with Interest @ 18% and have to add it with your OUTPUT TAX LIABILITY.
@ Mr BALRAM.,

ITC will be claim on May Return as based on Goods received date...

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