GST Input Tax Credit (ITC) on Camera Purchase & Servicing for Photography and Camera Rental Business

This discussion clarifies that GST Input Tax Credit (ITC) is fully claimable for both camera purchases (as capital goods) and servicing/repair costs (as input services) for GST-registered photography and camera rental businesses. To be eligible, businesses must meet standard GST compliance conditions, including having valid invoices, ensuring the credit appears in GSTR-2B, and not capitalising the GST component for Income Tax depreciation.