Hello,
I am accountant in Indore, M.P. working in manufacturing company. Can we take input credit on Cement and Steel if it is use for manufacturing of factory building...
siddhpura hiren
(Accountant)
(59 Points)
Replied 17 March 2013
no...... you can not take itc this goods ..... you can take itc only manufacturing items like consubale, rawmaterials and new machinery and it's parts
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