input tax eligibility purchase of stationay

jibi (nil) (30 Points)

13 October 2017

input tax eligibility of purchase of stationary for office use from registerd party...?? and also un registerd party?

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3 Replies

RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 13 October 2017

Yes...
You can get ITC for the purchase of Stationary from a Registered dealer...
Also you ll be pay Tax under RCM basis*

*July to September....

CA Naveen Chand (Chartered Accountant) (12729 Points)
Replied 13 October 2017

yes , itc can be availed . . .

purchases from RD , itc can be availed

purchases from URD, itc can be availed but u have to pay gst under RCM then u can . . .

Rahul Prajapati (Student) (2282 Points)
Replied 13 October 2017

Yes ITC can be availed in both cases purchase from RD or URD

Only diff. is that ...

you need to pay gst on purchase from URD and then you can take ITC

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