input claim.

ITC / Input 170 views 4 replies
A partnership firm purchased invertor battery for business use. then can claim input ...?
Replies (4)
yes, there is no restriction if use for business purposes.

For  Input credit  as per section 16 of the  CGST 2017 act  you  have to fulfill  following  conditions 

1) You must of Valid Tax invoice 

2) You must received Goods or service 

3) Supplier must pay the  Tax  collected form you to Govt account 

4) recipient  must file  return .  

yes ..If the inverter is being used in the course of busi, then you can claim ITC in GSTR-3B, provided that you satisfy all the FOUR CONDITIONS as laid down under Section 16(2) of the CGST Act 2017
good clarification and information


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