Dear Sir,
we have brought Air conditioner for office purpose. Can we Claim ITC on Ac bill.
Yes, you can claim ITC.
4 Replies
ANIL JANGID
(MANAGER HR/admin/com)
(2972 Points)
Replied 23 June 2020
Uninterrupted and seamless chain of input tax credit is one of the key features of GST. ... So, if a registered person purchases an air conditioner for business purpose and invoice is in the name of the business entity, then he will be able to claim credit for tax paid on purchase of air conditioner.
Poorna Chandra
(21 Points)
Replied 24 June 2020
If you claimed the input you are not eligible to claim depreciation
if u want to claim depreciation
pls dnt take ITC
if u want to claim depreciation
pls dnt take ITC
Santosh Yadav
(106 Points)
Replied 25 June 2020
You can claim Input on AC.
Also you can claim depreciation on basic value of AC. Not to claim depreciation on input claimed value
Also you can claim depreciation on basic value of AC. Not to claim depreciation on input claimed value
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