Can we claim GST Paid on AC Purchase for Office Use ?
Can we claim GST Paid on AC Purchase for Office Use ?
GSTIN is Given and It is reflected in GSTR 2B Also.
My Question is do such ITC Fall under Blocked Credits Under Section 17(5) of GST Act or Not.
No it does not fall under blocked credit in section 17(5). You can take the credit of the same but there may be an issue regarding allowability of the same if you are dealing in exempted goods only or where you have negligible taxable sale and major sale of exempted sale.
Yes, you can claim the ITC.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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