We have purchased Duracell Batteries which are used for Intercom Phones in Head Office. Can we take the Input Credit on the same?
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Input tax credit on purchase of duracell batteries
Replies (4)
Yes you can take ITC on the same.
Yes , you can take ITC under GST
yea as per 16(1) it is used in relation to business hence ITC can be availed
Yes, you can claim ITC on goods which are used in the course or furtherance of business as per the Provision of Section 16(1) of the CGST Act 2017.
Regards.
Regards.
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