Please advice that can we take ITC OF MY NEW AIR conditioner which we have purchased for my shop . I have a garment shop.
Replies (6)
Quick Summary
This discussion clarifies whether you can claim Input Tax Credit (ITC) on a new air conditioner purchased for your shop. The consensus is yes, you can claim ITC, provided the invoice is in the company's name and includes the GSTIN, adhering to Section 16 of the GST Act.