How to take input tax credit for capital good under gst

216 views 5 replies

Hi experts,

We purchased furniture for our office and now we need to claim ITC for it. Please provide the calculation of amount to claim such ITC.

Replies (5)
To claim ITC, you need supporting documents like tax invoice, debit note, supplementary invoice, etc. You can claim Input Tax Credit if you have actually received some goods & services. To claim ITC, the Input Tax must be paid through electronic cash ledger or electronic credit ledger.
In invoice gst amount is shown, so that amount will be your ITC, so you can show that in 3B and claim it.
No need of Calculations, just follow the invoice raised by your supplier and check whether GST is charged or not in the invoice if, charged in the invoice then you can claim the same if your GSTIN No. is available on such invoice.
If party shown the details in GSTR 2A than you can claim only
Yes, when the seller is uploaded his outward supplies in GSTR 1, it will be reflected in buyers's GSTR 2A. So the buyer claim such ITC reflected in GSTR2A.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 17 July 2026
Article Assistant and B.com pass

BANSAL YOGESH AND CO

Gautam Budh Nagar

B.Com

View Details
Company
ARTICLESHIP 20 June 2026
Articleship

RB KESHRI & CO

Mumbai

B.Com

View Details
Company
ARTICLESHIP 10 July 2026
Article Assistant

N S Gokhale & Co

Thane

CA Inter

View Details
Company
ARTICLESHIP 30 June 2026
Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 30 June 2026
Article Assistant or Paid Assistant

VIKAS VERMA & CO

New Delhi

Others

View Details
Company
ARTICLESHIP 30 June 2026
2 posts Article assistant and Articleship completed students

Chirag N Shah & Associates

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 07 July 2026
Articleship

Jawahar and Associates Chartered Accountants

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 27 June 2026
CA Articled Trainee And Paid Assistant

SKAA & Associates

New Delhi

CA Inter

View Details