Input Tax Credit Allowed for Repair Expenses on Factory Buildings if Not Capitalized in Accounts.

Input Tax Credit Allowed for Repair Expenses on Factory Buildings if Not Capitalized in Accounts. https://www.taxtmi.com/highlights?id=71690 Input Tax Credit - works contract services - The Applicant is entitled to ITC on the goods and services received towards repair of existing factory buildings (which were already capitalized) to the extent of non-capitalization of expenses in their accounts. - AAR en-us Sat, 26 Aug 2023 14:49:43 +0530 Sat, 26 Aug 2023 14:49:43 +0530 TaxTMI RSS Generator Input Tax Credit Allowed for Repair Expenses on Factory Buildings if Not Capitalized in Accounts. https://www.taxtmi.com/highlights?id=71690 Input Tax Credit - works contract services - The Applicant is entitled to ITC on the goods and services received towards repair of existing factory buildings (which were already capitalized) to the extent of non-capitalization of expenses in their accounts. - AAR Highlights GST Sat, 26 Aug 2023 14:49:43 +0530 https://www.taxtmi.com/highlights?id=71690