Hello Experts,
I would like to know that our compnay has purchased a laptop from Amazon.in & done payment from company current account. I have received a invoice from Amazon.in along with party details with GST who has supplied the same with our company details & GST No. Now I want to know that can we claim the GST input as per charged in Bill ??
Please guide me what to do in this cases ??
With Best Regards
Pradeep Shukla
Company Can Claim GST Input Credit on Amazon Laptop Purchase if Criteria Met Under Section 16(2) of CGST Act. A company purchased a laptop from Amazon and received an invoice with GST details. The query is whether the company can claim GST input credit. An expert clarified that under Section 16(2) of the CGST Act, 2017, a registered person can claim input tax credit if they possess a valid tax invoice and have received the goods. Another expert noted that, as of October 9, 2019, the details must appear in the 2A report for full credit, and if the laptop is capitalized, credit cannot be claimed unless the outward supply is taxable. (AI Summary)
Goods and Services Tax - GST