banner_ad

GST input on fire extinguisher

ITC / Input 4037 views 5 replies

Fire extinguisher was installed for a trading firm. We are capitaling this expense . Weather input credit is eligible under gst ?

Replies (5)
Itc available I think
Yes... ITC is eligible.
but you should not claim depreciation as per it act on it

Yes, very right itc is available but depreciation is available only on basic value and not on gst.

good clarification and information


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details