GST ITC availment criteria

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33 Points Posted on 18 January 2021
Can anybody suggest the itc suggestive list that will be available for company selling customised software at18% on outward supply?.

kindly suggest
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On 18 January 2021 at 19:12 Report
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Quick Summary
This discussion clarifies the criteria for claiming Input Tax Credit (ITC) on outward supplies of customised software sold at 18% GST. While there isn't a specific list, ITC is generally available for inputs and input services used in the furtherance of business, excluding those blocked under Section 17 of the GST Act.

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133 Points Posted on 18 January 2021
There is no Such list.
Itc will be available for input and input service used in connection and furtherance of the business.
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On 18 January 2021 at 22:54
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Chartered Accountant
86505 Points Posted on 19 January 2021
All ITC available except as blocked u/s 17 of GST Act
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On 19 January 2021 at 03:34
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33 Points Posted on 19 January 2021
Ok thanks
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On 19 January 2021 at 09:09
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Chartered Accountant
86505 Points Posted on 20 January 2021
Welcome....My pleasure.......
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On 20 January 2021 at 22:20

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