ITC FOR OFFICE furniture is allowed or not , please guide.
In my opinion ITC is allowed because furniture is used in the furtherance of business
But would like to know under which section it will be allowed
itc allowed
SANDEEP JAIN (Tax Consultant) (487 Points)
13 October 2017
RAJA P M
("Do the Right Thing...!!!")
(127140 Points)
Replied 13 October 2017
CA Saloni
(Manager-Accounts & GST Consultant)
(5124 Points)
Replied 13 October 2017
It will be allowed if all the conditions under section 16 of CGST act are fulfilled.
SANDEEP JAIN
(Tax Consultant)
(487 Points)
Replied 13 October 2017
RAJA P M
("Do the Right Thing...!!!")
(127140 Points)
Replied 13 October 2017
Rahul Prajapati
(Student)
(2282 Points)
Replied 13 October 2017
As you said furniture is being purchased for office use.
It specifies that it is for Futherance of Business. Hence, you are allowed to take ITC for the same
Rahul Gupta
(Accountant)
(68 Points)
Replied 13 October 2017
Can we taken July and August Month ITC(Kotak Mahindra Bank) in GSTR 3B october month??
RAJA P M
("Do the Right Thing...!!!")
(127140 Points)
Replied 13 October 2017
| Originally posted by : Rahul Gupta | ||
 |
Can we taken July and August Month ITC(Kotak Mahindra Bank) in GSTR 3B october month?? |  |
Yes....
Why not...?
Rahul Gupta
(Accountant)
(68 Points)
Replied 13 October 2017
Thanks Sir,
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