itc available

ITC / Input 105 views 1 replies
ac,furniture,electric fitting in hotel business can we take itc on this
Replies (1)

No bar on taking ITC on those items. Previously VAT disallows CENVAT credit of VAT paid on electrical items. Indeed, those items are not listed in Blocked credit items. So as long as all conditions for availing ITC as per Chapter V of CGST rules complied, you can avail of input tax credit.


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