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.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured ARTICLESHIP 06 October 2026
Semi Qualified

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
ARTICLESHIP 07 October 2026
Article assistant

S.K.Bajpai & Co.

Noida

B.Com

View Details
Company
19 September 2026
Finance Manager

Mugdha Art Studio

Hyderabad

CA

View Details
Company
06 October 2026
Assistant Manager - Audit and Compliance

Ravi K Jain & Co

Noida

Others

View Details
Company
05 October 2026
Senior Accountant

Vision IT Peripherals Pvt Ltd

Mumbai

B.Com

View Details
Company
15 September 2026
Client-site CA associate

Aditya Muley and Co

Mumbai

CA

View Details
Company
Featured 12 September 2026
Assistant Manager - Finance & Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details