ITC FOR OFFICE furniture is allowed or not , please guide.
In my opinion ITC is allowed because furniture is used in the furtherance of business
But would like to know under which section it will be allowed
itc allowed
19 Replies
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 13 October 2017
Dear SANDEEP JAIN.,
It's exactly allowed...
Why you have a doubt for above said...?
Also i see your participation in long time ago.....!!
It's exactly allowed...
Why you have a doubt for above said...?
Also i see your participation in long time ago.....!!
CA Saloni
(Manager-Accounts & GST Consultant)
(5124 Points)
Replied 13 October 2017
It will be allowed if all the conditions under section 16 of CGST act are fulfilled.
SANDEEP JAIN
(Tax Consultant)
(487 Points)
Replied 13 October 2017
@ ca saloni
thanks for accurate guidance
will once again go through section 16
thanks for accurate guidance
will once again go through section 16
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 13 October 2017
You are most Welcome Mr SANDEEP JAIN...
Rahul Prajapati
(Student)
(2282 Points)
Replied 13 October 2017
As you said furniture is being purchased for office use.
It specifies that it is for Futherance of Business. Hence, you are allowed to take ITC for the same
Rahul Gupta
(Accountant)
(68 Points)
Replied 13 October 2017
Can we taken July and August Month ITC(Kotak Mahindra Bank) in GSTR 3B october month??
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 13 October 2017
| Originally posted by : Rahul Gupta | ||
 |
Can we taken July and August Month ITC(Kotak Mahindra Bank) in GSTR 3B october month?? |  |
Yes....
Why not...?
Rahul Gupta
(Accountant)
(68 Points)
Replied 13 October 2017
Thanks Sir,
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