ITC for personal use

Nilesh Jain (75 Points)

25 August 2017

if i buy any thing for personal use and give my gstn to seller then will i get input of tax mentioned in sellers bill?

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5 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (171267 Points)
Replied 25 August 2017

No...... it should be for furtherance of business.....

RAJA P M ("Do the Right Thing...!!!") (128029 Points)
Replied 25 August 2017

Yes I agreed to Mr Dhirajlal Rambhia Sir.
You can't take ITC. And it will account your capital/Current A/c not in your company's account....

Nilesh Jain (75 Points)
Replied 25 August 2017

actully I am going to take pest control in my office. i will get bill of my firm. so in this case m i eligible for input.

Tarun Shah (264 Points)
Replied 25 August 2017

yea business place exp get itc

RAJA P M ("Do the Right Thing...!!!") (128029 Points)
Replied 25 August 2017

Yes. In case you can use it your business then you can take ITC if the bill is in your Firm name and GSTIN....

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