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ITC IN COMPUTER/LAPTOP

ajay devgan (49 Points)

09 November 2020

Hello sir
My clint is also trading of Good (FMCG)
He buying a laptop then
Can i claim input tax

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5 Replies

Shivam RC (Student) (23683 Points)
Replied 09 November 2020

If it is being used in the course of business, then YES your client can claim Input Tax Credit ( ITC ) on laptop provided that all the Four conditions as laid down under Section 16(2) of the CGST Act 2017 is satisfied.

But if used for Personal Purpose, then the ITC is BLOCKED U/s 17(5) of the CGST Act 2017.

1 Like

ajay devgan (49 Points)
Replied 09 November 2020

Thanks sir

Shivam RC (Student) (23683 Points)
Replied 09 November 2020

Your most Welcome Sir...

Sumit Kothari (13 Points)
Replied 16 November 2020

If I have purchased scooter for business purpose then I claim input itc

E.vikas (Articleship) (54 Points)
Replied 24 July 2021

Scooter is covered under the definition of motor vehicle hence cannot claim itc as it is specifically blocked under sec 17 of cgst act.

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