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CLAIM OF ITC

02 June 2020

i have a sole proprietorship business dealing with kitchenware ... My question is Can i claim itc on purchasing of computer for office use ?

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5 Replies

Bhat Mehvish (12 Points)
Replied 02 June 2020

Thank you sir

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Shivam RC (Student) (23683 Points)
Replied 02 June 2020

Yes you can claim ITC on Computer since as said by Surana Sir it's a Capital Asset/Goods. Refer the Provision of Section 16 ( the conditions, restrictions ) regarding claiming ITC for your better understanding.

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Pankaj Rawat (GST Practitioner) (55047 Points)
Replied 02 June 2020

Yes the ITC is available .

Karan Vishwakarma (2 Points)
Replied 04 June 2020

Ji Ha aapko ITC milega lekin
Apka jitna bhi IT'C ban rha hai wo sab ek F.Y me nhi milega
apko 1/5 hi milega ek F.Y. year me or remaining ITC ka reverse karni hogi