ITC on Renting of DG Set along with Diesel

[Manpreet Gulati]

Hi All,

We are taking services of renting of DG Set along with Diesel which is taxable @ 18%. Can we claim the Input if the same is used for furtherance of business.

Thanks

AI Summary

ITC on Renting DG Set with Diesel for Business Use: Section 17(5) Doesn't Block Claim A query was raised about claiming Input Tax Credit (ITC) on renting a DG set with diesel, taxed at 18%, for business purposes. Responses included questions about the nature of the business use and whether taxable supplies are provided using the DG set. One respondent noted that ITC should be available as it is not blocked under section 17(5). The original poster apologized for not responding promptly due to an emergency, acknowledging the inconvenience caused.