Gst on tv purchase
vikram kerekar (1244 Points)
04 April 2018
can I take gst ITC on TV purchase in the name of company...
10 Replies
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 04 April 2018
No you can't..... As per Sec 17(5).
Dilip Darji
(392 Points)
Replied 05 April 2018
As per Section 16 (1) of CGST Act, 2017, if the inputs are used or intended to be used in the course or furtherance of his business, then only ITC can be claimed.
supernova
(M.D.)
(59 Points)
Replied 05 April 2018
in a same way i have bought A.C. for office . what abput that
CA Naveen Chand
(Chartered Accountant)
(12729 Points)
Replied 05 April 2018
| Originally posted by : supernova | ||
 |
in a same way i have bought A.C. for office . what abput that |  |
YES U CAN .. IF CONSIDERED AS A FIXED ASSETS
CA Naveen Chand
(Chartered Accountant)
(12729 Points)
Replied 05 April 2018
| Originally posted by : supernova | ||
|
yes we took it as a fixed asset | |
THEN U CAN AVAIL
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 08 April 2018
If you purchase on co. name then only you claim ITC on such purchase.
CA SUDHINDRA D S
(Practising CA)
(761 Points)
Replied 04 April 2018
if the TV is used for business then you Credit can be claimed
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