Computer purchase for office use
Cost 55000
Cgst 4950
Sgst. 4950
Total 64900
Date of purchase 15/03/2023
Should I claim full ITC of rs 9900 claim in gstr 3b for the month of March 2023
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ITC of computer
Replies (7)
Quick Summary
No , Do not claim input tax credit in the month of March 23 , because as per section 16(2) of CGST Act , one of the condition is ITC must reflect in GSTR2B, also you have to fulfil. all the conditions in section 16 (2) of the CGST Act.
ITC reflected in March 2023 Gstr 2b then I will claim ITC
Yes one of the condition to claim ITC
Yes, You Can claim after reflecting in GSTR2B, also you have to fulfil other conditions in section 16(2) as follows.
1) You must have Tax invoice
2) You must receive computer in your office
3) Supplier must deposit GST collected from you in Govt Account.
4) You returns must be updated.
1) You must have Tax invoice
2) You must receive computer in your office
3) Supplier must deposit GST collected from you in Govt Account.
4) You returns must be updated.
Yes, you can claim full ITC in March GSTR-3b provided all other conditions are satisfied.
You can claim full input tax credit.
One more condition is added from 1/10/2022 for Input Tax Credit is that Credit appearing in GSTR2B ,should not restricted under section 38 of the CGST Act 2017. please refer section 38 of the CGST Act .
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