we have purchase one laptop 2 months back, due to some reason laptop screen was crash. installed new screen on laptop, can we capitalised this expesnes? can we take GST input on this expneses.
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Input on laptop repair
Replies (3)
yes you can claim ITC on the amount paid for laptop screen and you can also capitalize the cost excluding GST to the cost of the laptop
Yes, you can claim the ITC in the absence of any specific restriction under the GST law.
You should capitalise the expense provided the benefit is expected to be received for a period more than 1 year.
Yes, You can claim full ITC on this transaction and also capitalized amount excluding GST.
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