ITC on office furniture allowable or not

ITC / Input 4629 views 19 replies
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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
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On 13 October 2017 at 09:47 Report
Replies (19)
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Practicing CA
7756 Points Joined November 2011

itc allowed

2 Reply
On 13 October 2017 at 10:20
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127 Points Joined August 2017
allowed
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On 13 October 2017 at 10:21
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"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.....!!
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On 13 October 2017 at 10:57
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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.

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On 13 October 2017 at 11:32
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Tax Consultant
487 Points Joined May 2013
thanks to all
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On 13 October 2017 at 12:47
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Tax Consultant
487 Points Joined May 2013
Raja sir

thanks for remembering
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On 13 October 2017 at 12:48
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Tax Consultant
487 Points Joined May 2013
my mobile no is 9810361534
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On 13 October 2017 at 12:48
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Tax Consultant
487 Points Joined May 2013
@ ca saloni

thanks for accurate guidance

will once again go through section 16
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On 13 October 2017 at 12:50
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"Do the Right Thing...!!!"
128116 Points Joined January 2015
You are most Welcome Mr SANDEEP JAIN...
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On 13 October 2017 at 13:33
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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 

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On 13 October 2017 at 13:48
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CA FINAL
36 Points Joined August 2016

Allowed u/s 16

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On 13 October 2017 at 14:16
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Accountant
68 Points Joined August 2015

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

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On 13 October 2017 at 17:05
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"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

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On 13 October 2017 at 17:11
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Accountant
68 Points Joined August 2015

Thanks Sir,

One More Question

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

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On 13 October 2017 at 17:16


CCI Pro

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