Menu
ITC on GST paid on rent
kindly clear whether can wr claim ITC on GST paid of Rent
Replies (4)
Quick Summary
Yes, you can if it is one of your declared place of business. I did not find any bar in law.
Yes you can claim ITC on GST paid on Rent. There's no restriction. As per the Provision of Section 16(1) of the CGST Act 2017, ITC of Inputs, Input Services and Capital Goods which are used "in the course or furtherance of business" can be claimed ( subject to Section 17(5) of the CGST Act 2017 ).
Yes, you can Claim if it's relating to your business..
Can we claim Itc on rent in case of restaurants and banquets which are not in hotel??
Recent Topics :
- On which amount 200% penalty under section 270A is
- RECEIVED INTIMATION U/S 399 FOR TDS PAYMENT ON PRO
- How do CA firms track SEBI/AMFI circulars and dead
- Jurisdictional validity of Sec 148 notice after fa
- Taxable Income or Not
- GST Input Tax Credit (ITC) on Camera Purchase &
- What makes CA Himanshu Singla different from other
- TAX TREATMENT AND ACCOUNTING ENTRIEOF PERQUISITES
- Gifting money to my father-in-law (my husband's da
- GSTR-1 JSON from marketplace exports (Myntra / Ama
Related Topics :
CAclubindia
