is gst input eligible for web and mobile app development expense incurred by a company
pls reply ASAP.....
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GST applicability
Replies (6)
Yes as you have used the same in course and furtherance of business.
And it will not fall under Sec :17(5)
And it will not fall under Sec :17(5)
Yes... You can avail the ITC.
Yes, ITC can be claimed if the invoice bears company name and gstin number.
Yes, you can avail ITC , since the said case is not specifically Blocked u/s 17(5).
but the expense is shown as asset I mean capitalised in that case what is the consequence frnds
I think since input services definition doesn't explicitly demarcate between those capitalised and otherwise you may go ahead to claim it.
I would not claim depreciation on the same just to be the safer side because of a prohibition for the same under sec16(3) in relation to goods
I would not claim depreciation on the same just to be the safer side because of a prohibition for the same under sec16(3) in relation to goods
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