I purchased furniture in sept.2017 and received gst invoice, but that time i am composition dealer....
but from 01-01-2018 i opted gst under regular dealer....
so can i take itc on furniture which i purchased in sept.2017 as a capital goods now.....
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Itc on furniture
Replies (6)
1.When you got the tax invoice.
2.at the time what is the status of your GSTIN no.
no before 1 jan invoices you cant avail ITC ... INVOICES FROM 1 jan you can avail ITC
ok sir thanku...but i think ITC on stock which are lying into stock can be available..
ok sir thanku...but i think ITC on stock which are lying into stock can be available..
no you cant avail ITC on your stock cause when you perchase your stock that time you are in composition
after 1 jan when you purchase then you avail ITC on it
after 1 jan when you purchase then you avail ITC on it
ok sir
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