ITC GST

Lift purchase which installed in own property. Which property rented to other PARTY. can we claim gst as ITC IN OUR BUSINESS WHICH nature of FABRICS
Replies (3)
Quick Summary
This discussion explores whether Input Tax Credit (ITC) for GST can be claimed on the purchase of a lift installed in a property that is subsequently rented out to another party. The consensus suggests that ITC is generally allowable if the purchase was made for the furtherance of business.

YES, I THINK.............. ......

ITC is allowed if purchase is made for furtherance of business
Input tax gst is applicable.

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