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Construction company purchased oxygen concentrater , whether itc is available or not ?

NISAR BHAT (32 Points)

03 October 2020

Good afternoon sir
Sir construction company purchased oxygen concentrater , whether itc is available or not ?

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3 Replies

Sagar Patel (Tax and Business Consultant) (11611 Points)
Replied 04 October 2020

Is it's used for business purposes ?
For which purpose in construction industry.

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NISAR BHAT (32 Points)
Replied 05 October 2020

For health

CA Akshay Hiregange (Partner - Audit & Assistance) (4515 Points)
Replied 05 October 2020

Dear Mr. Nisar this can be claimed as nexus to business can be proved. Such plant/machinery does not form part of Sec 17(5) of CGST Act in my view. Where it is not for business, rather is for personal consumption then ITC could be said to be ineligible.