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nitin (student)     08 September 2017

Itc availability on purchase of smart phone

I am a service provider. I have purchased a smart phone which I am using for business purpose. Can I take ITC on my purchase of smart phone.



 6 Replies

NAVEEN CHAND

NAVEEN CHAND (GST Practitioner)     08 September 2017

yes , but bill mentioned your business gstin then only you can claim 

1 Like
Dhirajlal Rambhia

Dhirajlal Rambhia (SEO Sai Gr. Hosp.)     08 September 2017

Yes..... but then depriciation cannot be availed.

1 Like
Aman Gupta

Aman Gupta   08 September 2017

Yes if u registered in gst then u can take itc
1 Like
Chhatra Singh Dugar

Chhatra Singh Dugar   08 September 2017

In my opinion depreciation is not allowed on the amount of ITC claimed not on whole capital asset. Am I right?
Dhirajlal Rambhia

Dhirajlal Rambhia (SEO Sai Gr. Hosp.)     09 September 2017

Yes, Correct..........

RAJA P M

RAJA P M ("Do the Right Thing...!!!")     09 September 2017

Yes. You are correct Mr. Chhatra Singh.,
ITC available for the GST portion. Depreciation is on asset portion.

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