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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)
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.
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