ITC on construction of shades
Shakir Ravjani (Student) (192 Points)
21 July 2018Shakir Ravjani (Student) (192 Points)
21 July 2018
prasad Nilugal
( GST Practitioner & Accounts )
(14606 Points)
Replied 21 July 2018
AS per section 17(5) (d) for Construction of of an (shed) immovable property for plant & machinery ITC is avaliable . please confirm with others also .
Pankaj Rawat
(GST Practitioner)
(55047 Points)
Replied 21 July 2018
prasad Nilugal
( GST Practitioner & Accounts )
(14606 Points)
Replied 22 July 2018
section 17(5) ( d) talks about -: Goods or service or both received by a taxable person for construction of an immovable property ( other than Plant & Machinery ) on his own account including when such goods or services or both are used in the course of furtherance of busniess . ITC not avaliable
So in query he has mentioned that shed for Plant & Machinery , so goods or services other than palnt & Machinery ITC not avaliable . It means contruction for plant & machinery ITC is avaliable .
Dear Mr rawat -Can you reply on this please?.
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