Regarding Solar
This query is : Resolved
10 September 2024
Dear Experts,
My client has installed SOLAR SYSTEM. Now, he sales PGVCL units to another clients. So, this transaction is exempt ? And Can I claim ITC in SOLAR SYSTEM ?
Please help.
My client has installed SOLAR SYSTEM. Now, he sales PGVCL units to another clients. So, this transaction is exempt ? And Can I claim ITC in SOLAR SYSTEM ?
Please help.
11 September 2024
Yes ITC can be claimed on the solar system provided you treat it as plant & machinery in books of accounts.
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