ITC on capital good Laptop

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84 Points Posted on 18 October 2021
I am so registered supplier of industrial equipments. purchased laptop for official use. paid 11700/- IGST on it. It is reflected in GSTR 2. since it is a capital good. how do I claim ITC on laptop purchased?
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On 18 October 2021 at 11:40 Report
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This discussion addresses how a registered supplier of industrial equipment can claim Input Tax Credit (ITC) on a laptop purchased for official use. The user paid IGST and the purchase is reflected in GSTR-2. The core question is whether the entire GST amount should be claimed in a single installment or distributed over the laptop's useful life.

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70 Points Posted on 18 October 2021
Just claim it in your GSTR 3B
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On 18 October 2021 at 19:17
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84 Points Posted on 20 October 2021
Entire gst has to be claimed in a single installment or it has to be distributed overall useful life
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On 20 October 2021 at 11:03

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