ITC claim

ITC / Input 388 views 11 replies
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Articles Assisstant
499 Points Joined May 2012
can the itc on goods which are purchased not for resale can be claimed?
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On 03 November 2017 at 12:48 Report
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Student CA Articleship
848 Points Joined June 2015

If you are using the goods in the cours or furtherance of business, then you can claim ITC

if using for personal use , the no ITC

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On 03 November 2017 at 12:59
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Articles Assisstant
499 Points Joined May 2012
our gst number not provided in invoice issued by supplier
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On 03 November 2017 at 13:00
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168 Points Joined July 2017
the transaction must have furnished in gstr1 business to business details of Supplier with your GSTIN then only ITC is eligible.
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On 03 November 2017 at 13:06
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19 Points Joined July 2017
What is going to be the use of that purchase
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On 03 November 2017 at 13:09
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Articles Assisstant
499 Points Joined May 2012
it's for business purpose
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On 03 November 2017 at 13:12
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Articles Assisstant
499 Points Joined May 2012
example. mobile phone
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On 03 November 2017 at 13:12
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Hyderabad
7952 Points Joined October 2014
No you cannot claim if your GSTN not mentioned on the invoices as it will be considered as B2C invoice
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On 03 November 2017 at 13:55
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Hyderabad
7952 Points Joined October 2014
If ITC is Big amount then in your GSTR 2 add them under ADD MISSING INVOICES TAB and ask your supplier to Accept those invoices
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On 03 November 2017 at 13:56
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Hyderabad
7952 Points Joined October 2014
And your supplier in Next months return he will rectify B2C invoice
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On 03 November 2017 at 13:57
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"Do the Right Thing...!!!"
128147 Points Joined January 2015
Originally posted by : Sri Snigdha
example. mobile phone

 

GSTIN not mentioned then No way for claiming ITC....

If GSTIN mentioned you can avail the Benefits....

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On 03 November 2017 at 16:41
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Articles Assisstant
499 Points Joined May 2012
thanku 😊
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On 03 November 2017 at 16:44


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