ITC on GST for Bunds Allowed if Used for Zero-Rated Supplies and Classified as Plant and Machinery.

ITC on GST for Bunds Allowed if Used for Zero-Rated Supplies and Classified as Plant and Machinery. https://www.taxtmi.com/highlights?id=53098 Input Tax Credit - ITC of GST paid on goods and services used to construct the “bunds” is admissible, provided that the bunds are used for making zero rated supplies and fulfill the conditions which are necessary for treating the bunds as “plant and machinery”. - AAR en-us Wed, 22 Apr 2020 12:12:51 +0530 Wed, 22 Apr 2020 12:12:51 +0530 TaxTMI RSS Generator ITC on GST for Bunds Allowed if Used for Zero-Rated Supplies and Classified as Plant and Machinery. https://www.taxtmi.com/highlights?id=53098 Input Tax Credit - ITC of GST paid on goods and services used to construct the “bunds” is admissible, provided that the bunds are used for making zero rated supplies and fulfill the conditions which are necessary for treating the bunds as “plant and machinery”. - AAR Highlights GST Wed, 22 Apr 2020 12:12:51 +0530 https://www.taxtmi.com/highlights?id=53098