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ITC ON PURCHASE OF NET WORKING DEVICES

ITC / Input 1127 views 3 replies
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ACCOUNTANT
206 Points Posted on 28 August 2019
Can an assesse avail ITC on purchase of net working devices like computers,CCTV, Access controller, electromagnetic door lock unit etc?
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On 28 August 2019 at 12:18 Report
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Accountant
189 Points Posted on 28 August 2019

Yes. GST ITC available if the said equipments are used in furtherance of business.

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On 28 August 2019 at 13:19
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Student
23693 Points Posted on 28 August 2019
Yes you can claim ITC provided that the devices are being used in the course of or furtherance of business and all the 4 conditions as laid down u/s 16(2) of the CGST Act 2017 have been complied before claiming ITC.
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On 28 August 2019 at 15:10
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employee
814 Points Posted on 05 September 2019
Yes you can if it's in course or furtherance of your business and not for personal use.
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On 05 September 2019 at 10:47


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