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Oven itc claim
can we claim itc for microwave oven purchased for office purpose with tax invoice.
Replies (7)
Yes.... If it's used in Your office.
( But What are the uses of that...?😇😇😇.)
( But What are the uses of that...?😇😇😇.)
To heat lunch & smacks.
Yes... You can claim ITC if it's not used for self consumption...
Thanks mr.Raja for your valuable reply.
You are most welcome Mr Manoj...
Yes u can claim it shwn in fixed assets and dep
Yes you can claim ITC on Micro-Oven provided that it is used in the course or furtherance of business ( Section 16(1) ).
Ensure that all the FOUR CONDITIONS for claiming ITC as laid down U/s 16(2) of the CGST Act 2017 is satisfied i.e.
1). Possession of a Tax Invoice.
2). Received the Goods or Services.
3). Supplier must have paid the taxes.
4). Recipient must have filed the Return.
Ensure that all the FOUR CONDITIONS for claiming ITC as laid down U/s 16(2) of the CGST Act 2017 is satisfied i.e.
1). Possession of a Tax Invoice.
2). Received the Goods or Services.
3). Supplier must have paid the taxes.
4). Recipient must have filed the Return.
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