ITC IN COMPUTER/LAPTOP

Shivam RC (Student)     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.

ajay devgan   09 November 2020

Thanks sir

Shivam RC (Student)     09 November 2020

Your most Welcome Sir...

Sumit Kothari   16 November 2020

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