gst credit eligibility

[Ramakrishnan Seshadri]

Dear Sir,

Good Morning to all. We purchased PVC pipes and submersible motor pump for usage of borewell at our factory., The Gst paid on the purchases . We request the experts to clarify whether the gst paid on this is eligible for input credit.

Please clarifiy.

Thanks & Regards,

S.Ramakrishnan

[SHIVKUMAR SHARMA]

Yes, You are Eligible for ITC on Pipe & submersible motor pump for usage of borewell at your factory.,

[CA Karan]

You are eligible for ITC.

[Ganeshan Kalyani]

Pipes and motor are purchased in course or furtherance of business. And , the purchase of these items are not mentioned in the exclusion clause to input tax credit provision. Hence, credit is eligible.

[DR.MARIAPPAN GOVINDARAJAN]

Input credit eligible.

AI Summary

Input tax credit eligibility affirmed for GST on factory borewell equipment when purchases serve business use and are not excluded.
GST input tax credit is claimable where goods are purchased in the course or furtherance of business and not listed in exclusion provisions. PVC pipes and a submersible motor pump bought for use on a factory borewell were treated as business purchases not falling within exclusions; therefore the GST paid on these items is eligible for input tax credit.