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

GST Input Tax Credit Eligible for PVC Pipes and Submersible Motor Pump Used in Business Operations A participant inquired about the eligibility for input tax credit (ITC) on GST paid for purchasing PVC pipes and a submersible motor pump used for a borewell at their factory. Four experts responded, confirming that the GST paid on these items is eligible for ITC. They clarified that since these items are used in the course or furtherance of business and are not excluded under the input tax credit provisions, the credit can be claimed.