banner_ad

Input tax credit

ITC / Input 1094 views 11 replies
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...


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