gst input credit of dumper purchased

23 April 2018

pl advise, whether input credit is available for gst on dumper purchased

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2 Replies

Madhukar N Hiregange (Chartered Accountant) (39034 Points)
Replied 23 April 2018

ITC Credit solution depends on underlying facts.

Where the dumpers are used for transportation of goods by the following:

- transportation service provider under 12% option

- logistics service provider

- manufacturers/ job worker

- shamiana / outdoor catering contractor, event manager,

- mining

- contractor, builder, developer

- courier/ e-commerce.....

The spares, services, lubricants, repair etc also would be available.

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CA CS NITIN MAHAJAN (CA ) (273 Points)
Replied 23 April 2018

Yes, 50% in first year, balance in next year

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