About itc credit.

i have a doubt on taken itc on plant manufacturing.
actual i want to know, that a plywood manufacture prepare his plant to continue his manufacturing business. can he take itc on plant construction...?
Replies (5)

No, ITC on building available only to Building contractors

its not about building manufacturing. its only about plant installation nad their manufacturing , plant setup
ITC is allowed for Plant and machinery.. I think it should be allowed as same is for preparing the Plant and machinery
Yes ,... ITC is available
Yes you can claim ITC for plant and machinery

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