If I purchased Mobile phone for office use and pays gst on it
Can i claim input tax credit on it
And
What will be the entry in tally
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Tally entry and ITC
Replies (3)
Quick Summary
J E. will be as follows
Mobile phone A/c Dr
CGST. A/c Dr
SGST. A/c Dr
To Sundry. creditors A/c Cr
( purchase of Mobile phone )
Mobile phone Will be under Fixed asset
you can claim Input Tax. credit subject to the fulfill ment of conditions. under section 16(2) of the CGST act 2017 and reflect in GSTR 2A.
Mobile phone A/c Dr
CGST. A/c Dr
SGST. A/c Dr
To Sundry. creditors A/c Cr
( purchase of Mobile phone )
Mobile phone Will be under Fixed asset
you can claim Input Tax. credit subject to the fulfill ment of conditions. under section 16(2) of the CGST act 2017 and reflect in GSTR 2A.
@ Mr Nini Manjrekar.,
Yes... You can claim ITC for the purchase of Mobile phone if it's used in Your office with business purposes...
Yes... You can claim ITC for the purchase of Mobile phone if it's used in Your office with business purposes...
Thank you very much guys for your reply and time
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