Can we claim a GST input for an AC purchased for office use?

Yes, we can claim input of GST paid on the purchase of capital goods (i.e., AC in your question) which are utilized for business reason, given in the event that you not asserted devaluation on such buy.

In general, input GST and devaluation are fundamentally unrelated in nature i.e., you can get either contribution according to GST Act or deterioration according to pay charge act, on the buy and use of capital products for business reason; and not both.

For more Information Visit: https://www.encomply.com/

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  • Anonymous
    2 months ago

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