Input credit on laptop
Jyoti Narang (Kkk) (1204 Points)
21 February 2020
how to book itc on purchase of laptop in 3b
9 Replies
prasad Nilugal
( GST Practitioner & Accounts )
(14801 Points)
Replied 21 February 2020
Is this laptop purchase for furtherance Business ?. and Invoice is in the name of company .
Jyoti Narang
(Kkk)
(1204 Points)
Replied 21 February 2020
Yes its business purchase in the name of owner or u can say propreator
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 21 February 2020
Report it under Table 4 , row A(5)
Spurto Consultancy Services
(Consultant)
(1891 Points)
Replied 21 February 2020
Mention the ITC in the "4. Eligible ITC" table of the return.
Under the category (5) All other ITC in the table.
prasad Nilugal
( GST Practitioner & Accounts )
(14801 Points)
Replied 22 February 2020
Its better Invoice should be in the name of the Business . You Can not Claim Depreciation on GST tax component of the Lap Top , if you claim ITC , so take a note of this at time of finalization of Accounts .
Jyoti Narang
(Kkk)
(1204 Points)
Replied 22 February 2020
But I want to know how much itc can be booked Right now full or a part of is
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