State with reasons, whether the following statements are true or false under GST law: While doing repair of furniture of a company, GST was paid on wood, board, mica, paint etc.; the amounts so paid are eligible for inpu

True. As per Section 16 of the CGST Act, the tax charged in respect of goods which are used or intended to be used in the course or furtherance of his business shall be eligible for input tax credit. Thus, materials purchased for repairs of existing furniture is eligible for ITC.