Input on assets purchase

Except its not covered u/s 17(5), you can

Yes, you can claim ITC on Assets if use in business

Which type of assets purchased by you?

Input covered under section 2(59), any goods other than capital goods used or intended to be used by the supplier in the course or furtherance of business.

As per the Provision of Section 16(1) of the CGST Act 2017, Input Tax Credit ( ITC ) on Inputs, Input Services and Capital Goods used in the course of or furtherance of business can be claimed in your e-Credit ledger provided all the FOUR Conditions as laid down U/s 16(2) of the CGST Act 2017 for claiming ITC has been satisfied.

Also check the Blocked Credit Provision U/s 17(5) of the CGST Act 2017 to check whether your Asset is Blocked or not...

Yes & No, subject to conditions prescribed in Section 16 & 17(5) of CGST Act

Yes, u can take input tax credit on the basis asset used for business purpose.