Availability of ITC considering Sec 17 (5)

[Yatin Bhopi]

Dear expert,

We have received bill for aluminium door and windows and some partition in plant. This expenses are booked and capitalised in Plant and Machinery.

Please let me know whether ITC is available or not after going through Section 17 (5)

[Rajagopalan Ranganathan]

Sir,

Since aluminium door and windows and some partition in plant you are eligible to avail ITC. Section 17 (5) (c) is not applicable to you.

[Yatin Bhopi]

Sir thanks for your replay

AI Summary

Input tax credit availability for capitalised plant and machinery fittings confirmed as the section 17(5)(c) exclusion not applicable.
Input tax credit is available for aluminium doors, windows and partitions capitalised to plant and machinery because, on these facts, the exclusion under Section 17(5)(c) is not applicable and therefore does not block ITC for those capitalised supplies.