Menu
Regarding itc
My query is that i am registered firm of sole proprietorship i want to purchase a printer on amazon in the name of my firm and there is an offer in amazon that if we purchase a printer through hdfc credit card there is a discount of 5% on it. but i did not have my current account of firm in hdfc so if i made a payment through any other person card of hdfc by having purchase a printer in the name of firm .Can i be allowed to take itc of it or not..?
Replies (2)
Quick Summary
Yes, you can claim ITC of it.
Further, consideration can be paid by the recipient or by any other person as well.
Yes, ITC will be allowed because the invoice will contain your GSTIN and name.
On the other hand, you will reimburse the other person hence the expenditure will be incurred by you.
Recent Topics :
- CAPITAL GAIN REG
- Built a simple tool to automate client document fo
- Capital Gain on Sale of SRA Allotted Flat Received
- Discrepancy in Auto populated figures in GSTR1 of
- What should I do after receiving a GST Show Cause
- Discuss and Download CA Inter Question Paper Septe
- Hi experts needed some help
- Gift of Immovable Property u/s 92 of Income Tax Ac
- NSE BSE Pre-open session changes from 7 September
- Financial statements for non corporate entities
Related Topics :
CAclubindia
