28 March 2019
RESPECTED SIR Can we take GST CREDIT OF Centralised air conditioner for full value? As i understand it will be capitalised to Air conditioner account fully & no portion of value will be capitalised to building account please help on the same
28 March 2019
Sir, In my humble opinion you can avail the credit of the same in accordance with provisions of section 17(5)(d) READ WITH EXPLANATION TO SECTION 17. Thanks and Regards CA Shubham Sharma contact-9462302922 shubham.vnv@gmail.com