hello guy's
I recently Purchase mobile from Amazon business under my firm name for my business purposes.
my question is whether we are eligible for GST credit.
Menu
ITC available on mobile
Replies (4)
If business purpose, yes - available...
If it is used in the course of business, then YES you can claim ITC provided that all the 4 conditions as laid down u/s 16(2) of the CGST Act 2017 is satisfied.
Did you provided your GSTIN at the time of Purchase ???
Did you provided your GSTIN at the time of Purchase ???
I would say apportion the ITC in 40:60 ratio for personal:business purpose if it's a smartphone. To be on the safer side.
if you have purchased for business purposes and there is GST no mentioned on the bill then you can take credit
Recent Topic
- Can a broker's software legally override actual po
- Startup exit in Sept 2025: Can I still save LTCG t
- Need advice
- GST registration
- Tax Refund timeline
- Is Form 10E applicable for Notice Pay received in
- INCOME RECEIVED FROM COMPANY FOR ELECTRIC POLLS
- ITR Processing By CPC Now Super Fast - Much apprec
- Abroad Jobs
- Professional Income in 44AD
Related Topics
CAclubindia
