ITC on basement works for weighbridge
mvramana (Student) (285 Points)
26 October 2021
Can we avail credit on basement civil work for weighbridge..!!??
3 Replies
CA. Sourav Sarkar
(Chartered Accountant )
(24588 Points)
Replied 26 October 2021
ITC can be claimed only under Work's Contractor services
mvramana
(Student)
(285 Points)
Replied 26 October 2021
Sir, you mean to say that ITC can be availed on inputs or input services used for civil works ( basement work) meant for installation of machinery.
Is it right..!!??
Is it right..!!??
CA ABHAY GUPTA
(Practice)
(3235 Points)
Replied 27 October 2021
Yes you can claim ITC in relation to construction work done for weighbridge as it is not cover by section 17(5).
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