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ITC eligibility

Mohit lodhi (student) (952 Points)

10 January 2019

can we take the ITC on borewell?

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RAJA P M ("Do the Right Thing...!!!") (128004 Points)
Replied 10 January 2019

Can You elaborate Your query with more details of Usage and Supplies and Etc..,

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Mohit lodhi (student) (952 Points)
Replied 10 January 2019

We have started the construction of resort for supply of services.
before construction of building we have completed the work of borewell for water supply for which we have purchased water pump, cable and others.
so can we take the ITC on the same?

saurabh sawlani (2183 Points)
Replied 11 January 2019

If you are work contractor and registred in gst yes u can claim itc

Mohit lodhi (student) (952 Points)
Replied 11 January 2019

no we are not work contractor we have started a new business of garden & resort

saurabh sawlani (2183 Points)
Replied 11 January 2019

U are registred in gst?

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Mohit lodhi (student) (952 Points)
Replied 11 January 2019

yes we are registered im GST

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