input on office furniture of trading business

sir, can we avail input on purchase of table, chair and interior decoration for office use of trading company
thanks in advance
Replies (2)

Yes you can avail ITC of the GST paid at the time of purchase of office furniture provided:

a. The assests has been booked as capital assets in your books of accounts.

b. No depreciation has been claimed on the tax component of the cost of capital good. 

Yes... You can claim ITC.

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