banner_ad

Input Tax Credit

ITC / Input 262 views 5 replies
Dear All
Matter
Suppose I am a Regd. Trader.
1.I purchased stationery for Rs.2000 from a Regd Dealer with invoice for Office use.
2. I booked Railway Ticket from Chennai - Mumbai for Rs.1400
3. I paid Telephone bill Rs.1500 which is in firm name

Question
Can I claim Input Tax Credit of all the above?
Replies (5)
Dear Joseph, ITC is not allowed for 1st and 3rd case. In 2nd case if it is for personal purpose then, itc is not allowed.
Sir, I think input credit will be available on 1 and 3
I have purchased a tally software for my organisation with 18% GST .
Can I take ITC on it?
yess raju u can
and joseph u can claim for 1st and 3rd transaction
Dear Raju, Yes you can take the credit.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details