ITC credit
Cma Mahesh Nakate (96 Points)
03 March 2018
if I am practicing CMA and I have purchase furniture for office so should I get GST ITC on it ????
9 Replies
Miss Mansi Bhojani
(Practicing Chartered Accountant)
(1736 Points)
Replied 03 March 2018
Yes you can
felix thomas
(student)
(159 Points)
Replied 04 March 2018
Yes you my claim the gst paid on purchase of furniture provided it is used for furtherance of business. Since it is for office use you can claim . However if the same is claimed depreciation under income tax act can be provided only for the value as reduced by the gst paid.
felix thomas
(student)
(159 Points)
Replied 04 March 2018
Yes you my claim the gst paid on purchase of furniture provided it is used for furtherance of business. Since it is for office use you can claim . However if the same is claimed depreciation under income tax act can be provided only for the value as reduced by the gst paid.
felix thomas
(student)
(159 Points)
Replied 04 March 2018
Yes you my claim the gst paid on purchase of furniture provided it is used for furtherance of business. Since it is for office use you can claim . However if the same is claimed depreciation under income tax act can be provided only for the value as reduced by the gst paid.
felix thomas
(student)
(159 Points)
Replied 04 March 2018
Yes you my claim the gst paid on purchase of furniture provided it is used for furtherance of business. Since it is for office use you can claim . However if the same is claimed depreciation under income tax act can be provided only for the value as reduced by the gst paid.
Atul Pawar
(Pimpri Chinchwad Branch of WIRC of ICAI)
(114 Points)
Replied 04 March 2018
Yes you can take itc
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