ITC on Panal Board

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290 Points Posted on 13 October 2022
Good Evening,

We Have Purchased Panal Board. Shall We Claim ITC.
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On 13 October 2022 at 17:17 Report
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Quick Summary
This discussion clarifies whether Input Tax Credit (ITC) can be claimed on a purchased panel board. The consensus is yes, provided the panel board is a movable asset and is used for business purposes. This makes it eligible for ITC claims.

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student
30 Points Posted on 13 October 2022
Yes, it is movable and used for Business use.
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On 13 October 2022 at 21:04
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290 Points Posted on 14 October 2022
Thank you.
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On 14 October 2022 at 05:36

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