ITC on office furniture allowable or not

ITC / Input 4520 views 19 replies
User Avatar

Tax Consultant
487 Points Joined May 2013
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
1 Reply Share Follow
On 13 October 2017 at 09:47 Report
Replies (19)
User Avatar

Practicing CA
7756 Points Joined November 2011

itc allowed

2 Reply
On 13 October 2017 at 10:20
User Avatar

127 Points Joined August 2017
allowed
1 Reply
On 13 October 2017 at 10:21
User Avatar

"Do the Right Thing...!!!"
128116 Points Joined January 2015
Dear SANDEEP JAIN.,
It's exactly allowed...

Why you have a doubt for above said...?


Also i see your participation in long time ago.....!!
1 Reply
On 13 October 2017 at 10:57
User Avatar

Manager-Accounts & GST Consultant
5124 Points Joined July 2014

It will be allowed if all the conditions under section 16 of CGST act are fulfilled.

1 Reply
On 13 October 2017 at 11:32
User Avatar

Tax Consultant
487 Points Joined May 2013
thanks to all
Reply
On 13 October 2017 at 12:47
User Avatar

Tax Consultant
487 Points Joined May 2013
Raja sir

thanks for remembering
1 Reply
On 13 October 2017 at 12:48
User Avatar

Tax Consultant
487 Points Joined May 2013
my mobile no is 9810361534
Reply
On 13 October 2017 at 12:48
User Avatar

Tax Consultant
487 Points Joined May 2013
@ ca saloni

thanks for accurate guidance

will once again go through section 16
Reply
On 13 October 2017 at 12:50
User Avatar

"Do the Right Thing...!!!"
128116 Points Joined January 2015
You are most Welcome Mr SANDEEP JAIN...
1 Reply
On 13 October 2017 at 13:33
User Avatar

Student
2282 Points Joined 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 

1 Reply
On 13 October 2017 at 13:48
User Avatar

CA FINAL
36 Points Joined August 2016

Allowed u/s 16

1 Reply
On 13 October 2017 at 14:16
User Avatar

Accountant
68 Points Joined August 2015

Can we taken July and August Month ITC(Kotak Mahindra Bank) in GSTR 3B october month??

Reply
On 13 October 2017 at 17:05
User Avatar

"Do the Right Thing...!!!"
128116 Points Joined January 2015
Originally posted by : Rahul Gupta
Can we taken July and August Month ITC(Kotak Mahindra Bank) in GSTR 3B october month??

Yes....

Why not...?smiley

Reply
On 13 October 2017 at 17:11
User Avatar

Accountant
68 Points Joined August 2015

Thanks Sir,

One More Question

What is the HSN Code on Commission on brokredge and Professional Fee-Facullty?? 

Reply
On 13 October 2017 at 17:16


CCI Pro

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading