Wind Electric Generator

[RAMESH ANANTHAKRISHNAN]

Hello Sirs,

We placed order for 1 no of wind electric generator for our captive consumption. Our finished product is dutiable. Can we avail credit of GST paid on the supplies as well as services?

Kindly comment.

[DR.MARIAPPAN GOVINDARAJAN]

You can take input tax credit if it is utilized for the course of and furtherance of business.

[KASTURI SETHI]

I support the views of Sh.Govindarajan, Sir

AI Summary

Input tax credit available when GST-paid inputs are used in the course and furtherance of business for taxable output.
Input tax credit on GST paid for a wind electric generator procured for captive consumption is claimable where the inputs and services are utilized in the course of and for the furtherance of business and applied to the production of taxable (dutiable) output.