TaxTMI 
TaxTMI 
TaxTMI 
GST CREDIT ON MOBILE AND COMPUTER USE FOR FACTORY OFFICE
X X X X Extracts X X X X
X X X X Extracts X X X X
....ST CREDIT ON MOBILE AND COMPUTER USE FOR FACTORY OFFICE<br> Query (Issue) Started By: - BHAKTIKANT BHATT Dated:- 14-3-2018 Last Reply Date:- 15-3-2018 Goods and Services Tax - GST<br>Got 3 Replies<br>....
X X X X Extracts X X X X
X X X X Extracts X X X X
....GST<br>SIR, WE HAVING A EXCISE ABLE GOODS MANUFACTURING UNIT. NOW WE PURCHASE ONE COMPUTER AND ONE MOBILE FOR FACTORY OFFICE USE. KINDLY LET ME KNOW WHETHER WE TAKE GST CREDIT ON COMPUTER AND MOBILE....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... WHICH USE FOR FACTORY OFFICE.. PL GIVE US YOUR VALUABLE SUGGESTION. THANKING YOU Reply By Alkesh Jani: The Reply: Sir, In this regards, Computer can be considered as capital goods and mobile if p....
X X X X Extracts X X X X
X X X X Extracts X X X X
....urchased in the name of firm, same shall be recorded in the books of Account. ITC can be availed as same is not mentioned in Section 17(5) of the CGST Act,2017,but the provisions of Section 16(3) shal....
X X X X Extracts X X X X
X X X X Extracts X X X X
....l apply, so while taking the ITC of the computer and mobile the depreciation cannot be claimed under the provisions of Income tax or else the input tax credit on the said tax component shall not be al....
X X X X Extracts X X X X
X X X X Extracts X X X X
....lowed. The Rule 44 of the CGST Rules, 2017 may also be considered for reversal If any. Reply By Ganeshan Kalyani: The Reply: Input tax credit is eligible on both computer and mobile . Reply By KAS....
X X X X Extracts X X X X
X X X X Extracts X X X X
....TURI SETHI: The Reply: ITC allowed. I support the views of both experts.<br> Discussion Forum - Knowledge Sharing ....