ITC FOR MOBIL

349 views 7 replies
I purchased Mobile for Employees ITC AVAILABLE ?
Replies (7)
According to me, yes. Please wait for other experts to reply
Ok sir
If mobile phones are being used in the course or furtherance of business, ITC can be claimed. There is no restriction as per GST act.
Regards
Two points are there...
1. Mobile phone to be used by employee in the course of furtherance of business.
2. Permanent Transfer of business assets. (mobile phone)

in case of case-2 i.e. permanent Transfer of mobile phone...you can not avail ITC.

and

in case of case-1 you will capitalize mobile phones in your books, ownership of the phone shall be in name of your business and you can also enjoy depreciation benefit as per Income tax act. in this case you can avail ITC.
For business use thn u can claim ITC. section 17(5) restrictions are not attract on mobiles
Yes, I agree. If the mobile is used for furtherance of business and has an invoice in the name of the Company/Firm with GST No., then you can claim ITC
Any thing given to employees if less than 50k then it's not a supply and ITC of the same is available

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
22 June 2026
Finance Manager- Chartered Accountant

Triveni Turbine Limited

Bengaluru

CA

View Details
Company
25 June 2026
Accounts & Taxation Executive

Dindukurthy & Associates

Hyderabad

MBA

View Details
Company
24 June 2026
Senior Account (VA Client Operations)

Karbon Business

Bengaluru

CA Inter

View Details
Company
22 June 2026
Accountant

Global Image Technologies Private Limited

New Delhi

MBA

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 24 June 2026
ARTICLE ASSISTANT

BHUPINDER SHAH AND COMPANY

New Delhi

CA Inter

View Details
Company
20 June 2026
Chartered Accountant

ANV & Company

New Delhi

CA

View Details
Company
ARTICLESHIP 27 June 2026
CA Articled Trainee And Paid Assistant

SKAA & Associates

New Delhi

CA Inter

View Details