itc available
deepak jain (agra) (28 Points)
03 May 2019
ac,furniture,electric fitting in hotel business can we take itc on this
deepak jain (agra) (28 Points)
03 May 2019
Swami Ayyappa Nuli
(TAX ADVISOR & CONSULTANT AT G.S.T SUVIDHA CENTER)
(1372 Points)
Replied 03 May 2019
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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