Dear Sir,
we are Supplier of Marbles cut pieces. we have purchased Camera for security Purposes bill reflect in 2A Please advise can we Claim ITC on Camera bill.
4 Replies
Shivam RC
(Student)
(23683 Points)
Replied 03 June 2020
Yes you can claim Input Tax Credit ( ITC ) since the CCTV Camera is being used in the course of or furtherance of business [ Section 16(1) of the CGST Act 2017 ].
Pankaj Rawat
(GST Practitioner)
(55057 Points)
Replied 03 June 2020
Yes offcourse you can claim ITC on same .it is used in course of business.
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