It is known to us that an assessee cannot claim input on channels, angles, cement, etc in a factory building. What if the Assessee is involved in the activity of supplying pre-engineered structures and also erect them which take a shape of a factory? Can the assessee claim input in such cases?
Quick responses would be appreciated. Thanking you in anticipation.
12 April 2011
A service provider maybe in a position to claim the credit on the same as it is used in providing a service. However such service provider would not be able to avail of abatement for materials.
CAclubindia
