GST Input tax credit with student discount

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Student
45 Points Posted on 29 September 2023

I went to buy a laptop and wanted to avail student discount through my younger brother's student id. But i also have GSTIN.

The shopkeeper told me i cannot get student discount if i want to claim GST.

Is it correct?

Can i not claim ITC even if student discount is applied [or any other discount is applied]

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On 29 September 2023 at 01:41 Report
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Quick Summary
A freelancer with a GSTIN is asking if they can claim the GST Input Tax Credit (ITC) on a laptop purchased using their brother's student ID to get a discount. The shopkeeper advised against it. The consensus is that for business purchases, the item should be bought under the freelancer's own GSTIN to benefit from ITC, rather than using a relative's student ID.

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GST Practitioner & Accounts
8980 Points Posted on 29 September 2023

Laptop is for Business  purpose  or personal  purpose , please  Clarify .  

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On 29 September 2023 at 09:10
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Student
45 Points Posted on 29 September 2023

Business purpose, for my freelancing business

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On 29 September 2023 at 16:51
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Co-Founder of Sublime Associates
182 Points Posted on 29 September 2023
You business means you are the entity so why are you using you brother Id. You need to purchase on your GSTIN it will be benificialto you.
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On 29 September 2023 at 19:30

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