Menu
Input tax credit
mobile purchase for company purpose for use for all staff. can input be claimed
Replies (11)
Yes,it can be claimed because it is not blocked u/s 17(5)
Yes... You can avail the ITC benefit.
when does he claim itc
He claim subsequent month when he bought the mobile phones..!
Sir, I am doing rice mill business, Spare parts purchased for my mill is eligeble for input credit.
Your supplies is taxable then You can avail the ITC benefits. If Your supplies are exempted then no way for claim ITC...
I have GSTIN , Some our supplies are taxable i.e.rice bran , other supplies i.e. rice,paddy are exempted. Eligeble for input credit or not?
You can proportionate ITC.
Yes, ITC can be claimed if same is purchased for business purposes.
Know more at : GST Forum India
| Originally posted by : Sudhakar puligilla | ||
 |
I have GSTIN , Some our supplies are taxable i.e.rice bran , other supplies i.e. rice,paddy are exempted. Eligeble for input credit or not? |  |
https://cleartax.in/s/gst-input-tax-credit
| Originally posted by : ishika | ||
|
Yes, The company can claim input tax credit(ITC) in the GST management on the mobile phone bought by it. But the seller of the phone must have entered your company's GST number for you to take its input credit. Know more at : GST Forum India |
|
Dear Ishika Mam.,
What this link...? You are the website owner or Participant?
Please give repply and How is it useful...
Recent Threads
- Proprietorship to Pvt Ltd - Is Slump Sale / BTA ma
- Pan and Aadhar Link Issue
- Fund Transfer to Foreign Country and TCS provision
- ITR updated return
- Company change Status from CIRP into Active
- Can a LLP Park money in MFs and do F&O
- ACCOUNTING TREATMENT FOR FIXED ASSETS STANDING AT
- GST Rule 14A and Form GST REG-32: Simplified Regis
- Filed Hotel commission from International Company
- Reinsurance brokerage section?
Related Threads
CAclubindia
