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

[Amit Agrawal]

What are causes of your doubt about ITC?

[KASTURI SETHI]

Dear Querist,

Pl. elaborate your query.

[Shilpi Jain]

Are you providing taxable supplies with this dg set or are using this in your business which is taxable supplies?

If yes you can claim.

[KASTURI SETHI]

When a querist does not reply to an expert's cross query, it shows lack of interest.

[Padmanathan KV]

Prima facie ITC shall be available as it is not specifically blocked under section 17(5).

[Manpreet Gulati]

Dear Mr. Agrawal, Mr. Kasturi Sethi and Ms. Shilpi Jain,

Sorry for not replying to all your questions. Was unavailable for this period because of some emergency.

Sorry for the Inconvenience caused.

Regards

Kamal

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.