ITC of computer
Yasir (article assistant ) (449 Points)
04 April 2023Cost 55000
Cgst 4950
Sgst. 4950
Total 64900
Date of purchase 15/03/2023
Should I claim full ITC of rs 9900 claim in gstr 3b for the month of March 2023
prasad Nilugal
( GST Practitioner & Accounts )
(14623 Points)
Replied 04 April 2023
Yasir
(article assistant )
(449 Points)
Replied 04 April 2023
Pankaj Rawat
(GST Practitioner)
(55047 Points)
Replied 04 April 2023
prasad Nilugal
( GST Practitioner & Accounts )
(14623 Points)
Replied 05 April 2023
CA Mayank A Jain
(Chartered Accountant in Practice)
(1260 Points)
Replied 05 April 2023
Yes, you can claim full ITC in March GSTR-3b provided all other conditions are satisfied.
prasad Nilugal
( GST Practitioner & Accounts )
(14623 Points)
Replied 06 April 2023
One more condition is added from 1/10/2022 for Input Tax Credit is that Credit appearing in GSTR2B ,should not restricted under section 38 of the CGST Act 2017. please refer section 38 of the CGST Act .
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)