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What proof do I need to claim Input Tax?

Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 kiran asked almost 3 years ago

Hi I want to know, What proof do I need to claim Input Tax?

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4 Answers
Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 narahari answered over 2 years ago

1.You are GST-registered; 2.The goods or services must have been supplied to you or the goods have been imported by you; 3.The goods or services are used or will be used for the purpose of your business; ;

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 veeru answered over 2 years ago

1.You are GST-registered; 2.The goods or services must have been supplied to you or the goods have been imported by you; 3.The goods or services are used or will be used for the purpose of your business; 4.Local purchases must be supported by valid tax invoices addressed to you, or simplified tax invoices at the time of claiming the input tax;

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 HIMANSHU answered almost 3 years ago

You must satisfy these conditions to claim input tax: 1.You are GST-registered; 2.The goods or services must have been supplied to you or the goods have been imported by you; 3.The goods or services are used or will be used for the purpose of your business; 4.Local purchases must be supported by valid tax invoices addressed to you, or simplified tax invoices at the time of claiming the input tax; 5.Imports must be supported by import permits which show you as the importer of the goods; 6.The input tax is directly attributable to taxable supplies (i.e. standard-rated supplies and zero-rated supplies), or out-of-scope supplies which would be taxable supplies if made in Singapore; 7.The input tax claims are not disallowed under Regulations 26 and 27 of the GST (General) Regulations.

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Open uri20170510 32134 s5bvk0?1494421637 ARJUN PRATAP SINGH answered almost 3 years ago

Dear Friend, as far as your query is concerned that What proof do I need to claim Input Tax? Let me informed that You must have a copy of a Tax invoice to substantiate a claim for Input Tax credit. Hope answer was helpful to you Regards, Arjun Pratap Singh

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