Office furniture, computers & electrical items tax input gst

This discussion clarifies the eligibility for GST input tax credit (ITC) on various business purchases. It explains that Tally ERP 9 software qualifies for ITC, while furniture, computers, and electrical items are eligible if treated as business assets, with a potential claim of 50% ITC under capital goods. The thread also touches upon a specific query regarding a refund calculation based on August 2020 sales and purchase figures.