TaxTMI 
TaxTMI 
TaxTMI 
Can we take ITC of GST on
1) Pedestal Fans
2) Ceiling Fans
3) Light fitting
4) Electric lamp used/installed in factory premises.
ITC on Fans, Electric lamps used in factory
Murari Agrawal
Input Tax Credit Allowed for Fans and Lights in Factories Under Section 17(5) CGST Act; No Depreciation on GST Component. A query was raised regarding the eligibility of Input Tax Credit (ITC) on pedestal fans, ceiling fans, light fittings, and electric lamps used in factory premises under the Goods and Services Tax (GST) framework. Multiple respondents confirmed that ITC is permissible for these items as they are not classified as blocked credits under Section 17(5) of the Central Goods and Services Tax (CGST) Act, 2017. It was noted that ITC is restricted for items used in the construction of immovable property, but since these items are movable, ITC is allowed. Additionally, it was mentioned that no depreciation should be claimed on the GST component. (AI Summary)