ITC on Kodak Camera

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629 Points Posted on 03 June 2020
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.
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On 03 June 2020 at 15:50 Report
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Quick Summary
This discussion clarifies whether Input Tax Credit (ITC) can be claimed on a camera purchased for business security purposes. The consensus is yes, as the camera is used in the course or furtherance of business, making it eligible under Section 16(1) of the CGST Act 2017.

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Student
23693 Points Posted on 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 ].
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On 03 June 2020 at 18:26
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629 Points Posted on 03 June 2020
Thank you Sir
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On 03 June 2020 at 19:50
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Student
23693 Points Posted on 03 June 2020
Your most Welcome Sir...
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On 03 June 2020 at 19:56
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GST Practitioner
55067 Points Posted on 03 June 2020
Yes offcourse you can claim ITC on same .it is used in course of business.
1 Reply
On 03 June 2020 at 23:11

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