Dear Team,
We are in Dslr camera Rental Business. And we purchased Dslr Camera and giving rentals to the customers. Now my doubt is can we take full Input Tax Credit from the Dslr purchase bill or we cannot take the Input Tax credit.
Menu
input Tax Credit on Fixed Asset Under GST
Replies (9)
You can claim ITC.
Weather it is full amount can we claim in same month or what is the procedure.
Yes,full ITC amount claim in same month
when the goods purchased will be used in the furtherance of business. Whenyou purchase goods, they will be issuing GST invoices and you can claim the credit based on the invoice while filing your return.
So we can use full GST input Credit right
Yes.
yes you can avail itc fully.
because it is furtherance of business.
because it is furtherance of business.
Whole input Tax Credit can be taken in single month or like excise duty method.
yes can claim full tax amount
Recent Threads
- GSTR 2B ( MULTIPLE MONTHS )
- Eway bill generation for export material.
- International Tax clarification UK.
- E way bill expired penalty
- Best SME Focused AIF Funds in India for High Growt
- How does employee management software help in stat
- Clarification Required – Section 18 of Wage
- How to split freelance project income with a frien
- 194a for A y 2024-25
- Compensation & Benefits
Related Threads
CAclubindia
