As per GST Law:- "ITC is available on inputs used to manufacture plant and machinery for own use."
Query:-
An Individual is constructing a factory for Industrial Production - can he avail ITC on inputs - like Cement, etc ?
Menu
Construction of factory - gst on inputs
Replies (1)
if it's plant and machinery credit is eligible else not eligible. ref sec 17(5) of cgst act
Recent Threads
- TDS u/s 194J - training honorarium
- WHERE TO REGISTER UNDER PTRC AND PTEC ACTS ?
- Key Corporate Compliance Requirements for Private
- Gst Non Filling Return Notice
- GSTR 2B ( MULTIPLE MONTHS )
- Eway bill generation for export material.
- International Tax clarification UK.
- E way bill expired penalty
- Best SME Focused AIF Funds in India for High Growt
- How does employee management software help in stat
Related Threads
CAclubindia
