ITC FOR MOBIL

ITC / Input 338 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


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details