hello guy's
I recently Purchase mobile from Amazon business under my firm name for my business purposes.
my question is whether we are eligible for GST credit.
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ITC available on mobile
Replies (4)
If business purpose, yes - available...
If it is used in the course of business, then YES you can claim ITC provided that all the 4 conditions as laid down u/s 16(2) of the CGST Act 2017 is satisfied.
Did you provided your GSTIN at the time of Purchase ???
Did you provided your GSTIN at the time of Purchase ???
I would say apportion the ITC in 40:60 ratio for personal:business purpose if it's a smartphone. To be on the safer side.
if you have purchased for business purposes and there is GST no mentioned on the bill then you can take credit
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