My client has been issue only rent invoice as a RENTER, and show in GSTR-1 & GSTR-3B also. Now I had taken ITC against services invoices like BSNL, Stationery Expense, CCTV camera installation, computer software etc.....
Now, Can I take all these credit ?
Renter can claim Input Tax Credit under Section 16(1) CGST Act 2017 for business expenses regardless of outward supply nature A tax consultant inquired whether a client operating solely as a renter can claim Input Tax Credit (ITC) on business expenses like telecom, stationery, CCTV installation, and software services. The respondent clarified that under Section 16(1) of CGST Act 2017, ITC eligibility depends on business use rather than the nature of outward supply. Since the renter operates a business, ITC can be claimed on services used for business purposes, provided standard conditions are met: proper tax invoices, supplier compliance with GSTR-1 filing, payment within 180 days, and services not blocked under Section 17(5). The legal position confirms no restriction exists limiting ITC based on outward supply types. (AI Summary)
TaxTMI 
TaxTMI 
TaxTMI 
