GST ITC on purchase of furniture

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Assistant
719 Points Posted on 29 November 2022
Dear sir;
service supplied : Renting of commercial property.
can gst ITC claim on purchase of furnitures used in such rented premise ??
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On 29 November 2022 at 18:14 Report
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Quick Summary
This discussion clarifies whether GST Input Tax Credit (ITC) can be claimed on furniture purchased for a rented commercial property. The answer is yes, provided the purchase invoice is reflected in your GSTR 2A/2B and all conditions under Section 16 of the GST Act are met. This allows you to avail the ITC in your GSTR 3B.

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Student CA Final
422 Points Posted on 29 November 2022
Hi Krishna,

Yes, it is eligible ITC. If the invoice reflects in your GSTR 2A/2B then you can avail it in GSTR 3B provided all the conditions of Section 16 are satisfied.

Thanks
Bhavana K L
Chartered Accountant
bhavana @ lbkca.in
L B K & Associates
1 Reply
On 29 November 2022 at 19:34
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Assistant
719 Points Posted on 29 November 2022
Thank You
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On 29 November 2022 at 20:15

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