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.
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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.
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