ITC- can we claim or not?
Dear Experts,
Can we claim ITC for repairs made to a corporate office situated within the factory premises? What if the corporate office is located at a separate site from the factory, is ITC still claimable?
Is ITC claimable for the service involved in tree cutting for road construction and warehouse development?
Can ITC be claimed for a rented motor vehicle (including two-wheelers) used by a salesperson for marketing purposes?
Is ITC claimable for the laying and repair of a bitumen road within the factory premises?
Regards,
S Ram
ITC Eligibility Decoded: Corporate Services, Infrastructure, and Strategic Tax Credit Claims Under GST Rules A discussion forum explores Input Tax Credit (ITC) eligibility for various business-related services and infrastructure. The key points include ITC claims for corporate office repairs, tree cutting services, rented vehicles used for marketing, and factory road construction. Eligibility depends on direct business purpose, location, and use of services or infrastructure within business operations. Consultation with tax authorities and proper documentation are recommended to ensure compliance with GST regulations. (AI Summary)
Goods and Services Tax - GST