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Depreciation & GST Input on Solar System

Mukesh Kumar Sharma (Manager) (122 Points)

05 January 2018

Dear all,

I am purchasing (Installing) Solar Power Plat at a Petrol Pump for electricity supply.
can I claim Gst input Credits and depreciation also ?

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3 Replies

GSTmitra (owner) (59 Points)
Replied 05 January 2018

Either Depreciation can be claimed or the ITC on the taxable inputs used in furtherance of that/his business only.

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Dixit (CA Final) (2405 Points)
Replied 05 January 2018

If you used for business purpose then you can claim ITC & if you used for personal as well as business then ITC can claim proportionately.. And depreciation can not deduct on ITC if you claim

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