Respected Sir,
A GST registered person is going to close business. And they have air conditioner, Eicherr tempo, electric items, office equipment, office furniture and Machine etc. in the assets. We want to make purchase of this old used assets with tax invoice. My question is can we take credit of such used items purchase or not?
Thanking you
Menu
GST credit on purchase of old used office equipment
Replies (4)
Quick Summary
Yes, Why not...??!!
You can take ITC, Mm o issues if purchase of new goods or old goods.
But, Check seller's GST filing...
Bcoz, As per Your query they will close their business. so watch their GST filing.
You can take ITC, Mm o issues if purchase of new goods or old goods.
But, Check seller's GST filing...
Bcoz, As per Your query they will close their business. so watch their GST filing.
Rather than gst filing , whether tax hv been paid or not we do not know.
Thank you
You are welcome
Recent Topics :
- Question for members: how do you manage client doc
- Clarification Required on Invoicing and Receipt of
- SEBI Registered VS NSDL Registered RTA
- Income tax or capital gain tax for Resident Indivi
- PCIT-1 Thane Email address
- CA Fees deduction for non audit case allowed?
- 5th Letter PAN Mismatch with Surname issues still
- Criteria to hire an article
- Guidence requested for a Finance Professional with
- Expert Opinion Required – Form 140 Gross Amo
Related Topics :
CAclubindia
