ITC on capital goods like equipment and machinery.

Sujit Saha (243 Points)

18 April 2022  
A brick manufacturer purchase and uses equipment and machinery like backhoe loader, tripper etc for the purpose of brick manufacturing and delivery. And the existing GST rate of Red brick is 5%. Now..
1. what about the ITC on equipment, vehicle and machinery for a brick manufacturer.
2. Is there any changes of GST rate on bricks, if he avail the ITC of equipment and machinery.
looking for your valuable views.