Is air conditioner used in office capital goods or not? And whether ITC should be claimed in full or part? Please help.
Air conditioner if capitalized in books of account shall be treated as capital goods and ITC shall be claimed in full in the year of purchase in GST regime.
Whether capitalized or not full credit can be claimed if purchased from same state and Cgst and Sgst is charged on the invoice or if purchased from the different state and Igst has been charged to you.