my client purchased asset quoting GST no. but payment was made from a bank account not belonging to him.
can he claim ITC ? how to show it in accounts as its value is 70,000 ?
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GST purchase made for 3rd party bank account
Replies (1)
Yes,
To claim ITC the condition in Section 16(2) need to be satisfy.
To claim ITC the condition in Section 16(2) need to be satisfy.
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