vinayak (accountant) (255 Points)
06 July 2018We are pvt ltd co in mumbai. We have purchased Air conditioner worth of Rs.4 lacs which includes 67000 gst for our new branch. Can we take input credit of this gst in our current branch ? new branch cinstruction is currnlty in progress so we cant take credit in that branch. we have received invoice with details of our current branch.
CA ABHAY GUPTA
(Practice)
(3230 Points)
Replied 06 July 2018
vinayak
(accountant)
(255 Points)
Replied 06 July 2018
will GST on purchase of FLOAT GLASS also allowed!! All invoices are in the name of our co mentioning our GSTN number.
RAJA P M
("Do the Right Thing...!!!")
(127921 Points)
Replied 06 July 2018
vinayak
(accountant)
(255 Points)
Replied 06 July 2018
New branch is not registered but current branch is registred under GST
CA ABHAY GUPTA
(Practice)
(3230 Points)
Replied 06 July 2018
RAJA P M
("Do the Right Thing...!!!")
(127921 Points)
Replied 06 July 2018
RAJA P M
("Do the Right Thing...!!!")
(127921 Points)
Replied 06 July 2018
CA Shivam Arora
(Chartered Accountant)
(2414 Points)
Replied 06 July 2018
| Originally posted by : vinayak | ||
 |
We are pvt ltd co in mumbai. We have purchased Air conditioner worth of Rs.4 lacs which includes 67000 gst for our new branch. Can we take input credit of this gst in our current branch ? new branch cinstruction is currnlty in progress so we cant take credit in that branch. we have received invoice with details of our current branch. |  |
If both the branches are in the same state then you can take the ITC, if not then you cannot take the ITC without prior registration and mentioning of that GSTIN in the purchase invoice.
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