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.
Menu
Itc availability on purchase of smart phone
Replies (6)
yes , but bill mentioned your business gstin then only you can claim
Yes..... but then depriciation cannot be availed.
Yes if u registered in gst then u can take itc
In my opinion depreciation is not allowed on the amount of ITC claimed not on whole capital asset. Am I right?
Yes, Correct..........
Yes. You are correct Mr. Chhatra Singh.,
ITC available for the GST portion. Depreciation is on asset portion.
ITC available for the GST portion. Depreciation is on asset portion.
Recent Topics :
- GSTR 9 LATE FEE
- Best Online Mock Test Series for CA Inter January
- COST OF IMPROVEMENT
- Pillows and Mattresses
- GST Applicability for Reg. / Un-Reg. Indian custom
- Amended GST Act & Rules
- FAST DS 2026 MAIL QUERY
- Does Anyone need CA Foundation books of May2026 at
- Last day for ITR-U for AY 2023-2024 (FY 2022-2023)
- Sale of shares in indian company by a non resident
Related Topics :
CAclubindia
