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Input tax credit

Amit (Partner) (88 Points)

01 August 2017

Will I get ITC on

- Hotel Booking on Same state or Other state for business Purpose

- Computer

- CCTV & TV

- Mobile

- Chair

- Furntiure

- AC

- Service recevied by CA

- Antivirus, Tally

Please advise.

Thanks in ADVANCE

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3 Replies

CA Altamush Zafar (GST Consultant) (15971 Points)
Replied 01 August 2017

itc will be available on all, except hotel booking in other state. This is a little doubtful.

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Amit (Partner) (88 Points)
Replied 02 August 2017

Why ITC is not available on hotel other than State...when we are talking about one India one TAX...then why firms/Company are not getting ITC ???

CA Altamush Zafar (GST Consultant) (15971 Points)
Replied 02 August 2017

Say you are registered in UP and you hotel booking is in Mumbai. The Hotel will charge CGST and Maharashtra GST. Maharashtra GST wont be available to you as you are not registered under Maharashtra GST Act. CGST portion should be available however there is no clarity on the same. It will depend upon the programming of GSTR-2 by the Government. Hopefully once the excel format of GSTR-2 will be released it will get cleared.