Can we claim input tax furniture & fixture
This query is : Resolved
10 August 2015
Res, Sir
i ask a question in accounts we purchase Furniture our Office. can we claim input tax furniture & fixture.......
Regards
prashant Rathi
i ask a question in accounts we purchase Furniture our Office. can we claim input tax furniture & fixture.......
Regards
prashant Rathi
10 August 2015
Input tax credit is allowed of assets used in the manufacture of goods. Since furniture is NOT used in the manufacture of goods, input tax credit is not allowed.
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