sole proprietor person in Gst Can claim ITC on purchase of mobile phone?
Reply— Section 16 of CGST Act, clearly states that input tax credit can be taken of any good or service purchased for ‘Furtherance of Business'. Section 17(5) is also not restricted input tax credit on purchase of Mobile phone. Thus, a taxpayer is eligible to take input tax credit on purchase of Mobile phone.
Posted Date: Mar 02, 2020