Eligibility for input tax credit

Sagar Mailapur

172 Points Posted on 27 February 2018

for depreciateable assets ITC not allowed, for other than depreciateable assets ITC can allowed

Mondira Saha

GST

3925 Points Posted on 27 February 2018

no ITC

sunita

partner

124 Points Posted on 27 February 2018

if it client purchase it on its firms gstin no then ofcourse it is allowed otherwise not

Mondira Saha

GST

3925 Points Posted on 27 February 2018

@ sunita ji no ITC on it ... gstn mention on invoice not any matter

RAJA P M

"Do the Right Thing...!!!"

128147 Points Posted on 27 February 2018

Yes... ITC allowed if you use furtherance of Business...

Mondira Saha

GST

3925 Points Posted on 27 February 2018

what the mean of furtherence of business .... mobile dealer ... ???

Mondira Saha

GST

3925 Points Posted on 27 February 2018

in gst rule not mention that mobile for personal or business use expect mobile dealer .... so in my view do not take ITC on it ... cause mobile is samiler as personal use ... he use personal but for ITC it changes to business purpose ... so in my view do not take ITC on it

Ranjeet Kushwaha

Accounts n Business Owner

191 Points Posted on 28 February 2018

@ sagar mailapur

if purchase some machines for use in business and it's also depreciateable assets .Is this fall in ineligible TIC category

Ranjeet Kushwaha

Accounts n Business Owner

191 Points Posted on 28 February 2018

@ Sagar mailapur

respective sir

do you mean every assets on we charge depreciation ITC is not allowed????

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JAGADISH GUNAKI

Sagar Mailapur

Mondira Saha

sunita

Mondira Saha

RAJA P M

Mondira Saha

Mondira Saha

Ranjeet Kushwaha

Ranjeet Kushwaha

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Eligibility for input tax credit

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