Amazon GST Query for business purchases,

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Deal Subedar
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Get GST invoice and save up to 28% on business purchases.

what will be the max discount we can get and how it will be calculated..??

appreciate help…

I wanna know details on purchases of mobile around 30k.

Thanks in advance.

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Analyst
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Basically you will be eligible to get GST credit if u are a businessman
Last mobile i purchased had 12% Gst
So basically you will get a business invoice and can claim such gst paid as credit
You will have to show that mobile as business assets (in your books)

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Deal Subedar
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Awake wrote:

Basically you will be eligible to get GST credit if u are a businessman
You will have to show that mobile as business assets (in your books)

He can either claim itc of gst or depriciation on value including gst, if showing as business asset

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gauravnandwanii wrote:

He can either claim itc of gst or depriciation on value including gst, if showing as business asset

Yes he will book the asset net of gst, and claim depreciation only on the net amount

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