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GST Credit on BP monitor

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40 Points Joined March 2017
I've purchased the BP monitor machine for our CA firm. Whether i can take the GST credit on that??
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On 29 May 2021 at 11:49 Report
Replies (14)
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3924 Points Joined December 2017
For any input tax credit , you have follow section 16 (2) of the CGST act 2017
1) you must have Tax Invoice ,
2) one must received goods or services
3) supplier must pay tax to Govt account collected from you
4) you must file return 5
) It should reflect in 2A/2B .
6) ITC should not be under block credit , section 17(5) of the CGST act
So always follow above condition for ITC
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On 29 May 2021 at 12:06
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Chartered Accountant
24588 Points Joined November 2019
I think in this case ITC shall not be availed
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On 29 May 2021 at 13:59
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3924 Points Joined December 2017

If  you are  capitalising  BP Monitor Machine in the Books of  Acounts  , please check  with section 17(1) (2) of  the CGST act 2017  and Rule 43  of the CGST rules 2017 applicable  or  not  . 

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On 29 May 2021 at 14:56
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CMA
13117 Points Joined May 2009
ITC related to health service is a blocked credit u/s 17(5). But can BP monitor be a part of health service? Am not sure. Lets see what others opine.
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On 29 May 2021 at 15:00
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3924 Points Joined December 2017

@ Poornima  Madam 

Yes , I alredy  mentioned in the my 1st reply  to confirm section 17(5) of the CGST act 2017 .

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On 29 May 2021 at 15:04
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Chartered Accountant
24588 Points Joined November 2019
ITC is not available in this case
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On 30 May 2021 at 06:00
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40 Points Joined March 2017
Dear Professionals,
Thank you so much for all your opinions.

But I've purchased this machine exclusively for our office use and treating it as a Fixed Asset. I think in this case i can eligible to take credit...
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On 30 May 2021 at 10:11
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Chartered Accountant
24588 Points Joined November 2019
If you're providing depreciation then ITC cannot be claimed
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On 30 May 2021 at 12:45
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40 Points Joined March 2017
Dear Mr Sourav,

I'm not claiming depreciation on GST part, So i think now I'll be eligible
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On 30 May 2021 at 13:48
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3924 Points Joined December 2017
But if you see in section 17(5) (b) (i) , health services is under Block Credit , so BP monitor is under health services or not that you have to confirm before availing ITC .
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On 30 May 2021 at 13:57
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Chartered Accountant
24588 Points Joined November 2019

No ITC is not available

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On 30 May 2021 at 15:41
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40 Points Joined March 2017
Thank you all for your opinions.
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On 30 May 2021 at 17:21
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3924 Points Joined December 2017
Welcome Dear Prasad Hegde .
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On 30 May 2021 at 17:23
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Chartered Accountant
24588 Points Joined November 2019
Your welcome
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On 30 May 2021 at 17:47

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