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All QuestionsCategory: GST Compliancestreatment of Input Tax Credit on Business & Capital Expenditure
Profile photo of Dhiraj MehrotraDhiraj Mehrotra asked 7 years ago

treatment of Input Tax Credit on Business & Capital Expenditure

What is the treatment of Input Tax Credit on Business & Capital Expenditure under GST?

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2 Answers
Profile photo of Shubham SinglaShubham Singla answered 6 years ago
  1. I have a question regarding ITC.. Can I claim the ITC on office and Factory expenses like Printing or Stationery, Telephone bills, etc. And one more thing Car maintance expenditure bills in which firm GSTIN no. Entered should i claim or not above expenses? Plz answer me
Profile photo of DHANANJAY KUMAR SONIDHANANJAY KUMAR SONI answered 6 years ago

Dear,  dhiraj and shubham ji both question are related to availing of ITC on business expenses.you can claim the ITC on offiice and factory expenses like printing,stationery,telephone and electricity bills etc but u can’t claim any ITC on your personal expenses like car maintenance expenditure bills and others.


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