Posted By : Pranav / Published on : 03-Oct-2017 09:57 PM / View : 149 / Comment : 1
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    A proprietor purchase a mobile phone with GST paid. Get invoice on firm name.can he claim input credit?
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    • Please remember that Input Tax Credit of GST paid is allowed only for Goods/Services received as Input for Commercial/Business Purpose.

      If You take benefit of ITC wrongly by providing GSTIN to Sellers/Suppliers on Goods/Services of Personal Nature then you can expect notice and legal proceedings by Department.

      05-10-2017 / 11:56:50 PM

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