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ITC Claim on Air Condition

Aasif saifi (5 Points)

16 October 2019

Work on steel manufacturing can take air condition(a\c) discount(ITC CLAIM)

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AJAY KUMAR (accountant) (213 Points)
Replied 16 October 2019

If you take air conditioner capitalize then not take ITC

RAJA P M ("Do the Right Thing...!!!") (127167 Points)
Replied 16 October 2019

Yes.. You can claim ITC.

mukesh sharma (49 Points)
Replied 16 October 2019

If air conditioner is used as capital goods for furtherence of business and office purpose also .. you can take ..

Pankaj Rawat (GST Practitioner) (55032 Points)
Replied 16 October 2019

Yes you can claim ITC

Shivam RC (Student) (23683 Points)
Replied 17 October 2019

According to the Provision of Section 16(1) of the CGST Act 2017, GST ITC can be claimed on Goods or Services used in the course or furtherance of business .

Hence if the Air Conditioner ( AC ) is used for business purpose, then YES you can claim ITC.

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