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Gst on tv purchase

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1244 Points Posted on 04 April 2018
can I take gst ITC on TV purchase in the name of company...
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On 04 April 2018 at 10:43 Report
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Chartered Accountant
86505 Points Posted on 04 April 2018
No you can't..... As per Sec 17(5).
814 Reply
On 04 April 2018 at 11:08
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1244 Points Posted on 04 April 2018
but mam I have TV use in my office than what?
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On 04 April 2018 at 11:12
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392 Points Posted on 05 April 2018
As per Section 16 (1) of CGST Act, 2017, if the inputs are used or intended to be used in the course or furtherance of his business, then only ITC can be claimed.
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On 05 April 2018 at 15:01
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Chartered Accountant
12739 Points Posted on 05 April 2018

NO NOT ALLOWED 

40 Reply
On 05 April 2018 at 15:07
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M.D.
59 Points Posted on 05 April 2018

in a same way i have bought A.C. for office . what abput that 

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On 05 April 2018 at 16:08
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Chartered Accountant
12739 Points Posted on 05 April 2018
Originally posted by : supernova
in a same way i have bought A.C. for office . what abput that 

YES U CAN .. IF CONSIDERED AS A FIXED ASSETS 

40 Reply
On 05 April 2018 at 16:10
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M.D.
59 Points Posted on 05 April 2018

yes we took it as a fixed asset

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On 05 April 2018 at 16:15
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Chartered Accountant
12739 Points Posted on 05 April 2018
Originally posted by : supernova
yes we took it as a fixed asset

THEN U CAN AVAIL 

40 Reply
On 05 April 2018 at 16:15
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Chartered Accountant
86505 Points Posted on 08 April 2018
If you purchase on co. name then only you claim ITC on such purchase.
814 Reply
On 08 April 2018 at 22:20
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Practising CA
761 Points Posted on 04 April 2018
if the TV is used for business then you Credit can be claimed
2 Reply
On 04 April 2018 at 11:15


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