GST on Temple Purchased
Vipul Acharya (Account Officer) (652 Points)
25 May 2023
GST ITC availability on Movable Marble Temple purchased for office
3 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(193906 Points)
Replied 25 May 2023
Yes, eligible, provided bill is for B2B.
Vipul Acharya
(Account Officer)
(652 Points)
Replied 25 May 2023
But will concept furtherance of business apply our consultant denying ITC
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(193906 Points)
Replied 26 May 2023
There are so many assets in office which are used for business furtherance, even though not directly utilized in business transactions. The point is just to prove its necessity in your business conductance.
If you cannot start business without need of temple, you are eligible for ITC.....
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