motor vehicles for transportation of persons having approved seating capacity of not more than thirteen persons [including the driver], except when they are used for making the following taxable supplies, namely:—
[A] further supply of such vehicles or conveyances ; or
[B] transportation of passengers; or
[C] imparting training on driving, flying, navigating such vehicles or conveyances;
Yes you can claim ITC on Mobile Phone purchased for business purpose provided that all the 4 conditions as laid down u/s 16(2) of the CGST Act 2017 have been satisfied.
However, by virtue of Section 16(3) of the CGST Act 2017, if ITC on Tax portion is claimed,then no Depreciation will be allowed u/s 32 of the Income Tax Act 1961 on the Tax portion.
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