GST applicability

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39 Points Joined April 2017
is gst input eligible for web and mobile app development expense incurred by a company
pls reply ASAP.....
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On 14 September 2018 at 17:55 Report
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Student
3193 Points Joined February 2011
Yes as you have used the same in course and furtherance of business.

And it will not fall under Sec :17(5)
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On 14 September 2018 at 18:13
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"Do the Right Thing...!!!"
128147 Points Joined January 2015
Yes... You can avail the ITC.
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On 14 September 2018 at 19:38
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24196 Points Joined May 2018
Yes, ITC can be claimed if the invoice bears company name and gstin number.
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On 14 September 2018 at 22:40
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Student
23688 Points Joined November 2017
Yes, you can avail ITC , since the said case is not specifically Blocked u/s 17(5).
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On 14 September 2018 at 23:15
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39 Points Joined April 2017
but the expense is shown as asset I mean capitalised in that case what is the consequence frnds
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On 15 September 2018 at 08:29
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Freelance
168 Points Joined October 2012
I think since input services definition doesn't explicitly demarcate between those capitalised and otherwise you may go ahead to claim it.

I would not claim depreciation on the same just to be the safer side because of a prohibition for the same under sec16(3) in relation to goods
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On 15 September 2018 at 13:35


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