ITC on Fans, Electric lamps used in factory
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....TC on Fans, Electric lamps used in factory<br> Query (Issue) Started By: - Murari Agrawal Dated:- 16-3-2020 Last Reply Date:- 26-5-2020 Goods and Services Tax - GST<br>Got 5 Replies<br>GST<br>Can we t....
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....ake ITC of GST on 1) Pedestal Fans 2) Ceiling Fans 3) Light fitting 4) Electric lamp used/installed in factory premises. Reply By VaibhavKumar Jain: The Reply: Yes, you can take ITC on above....
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.... goods as per section 16 of CGST Act, 2017 since not covered under blocked credits under section 17(5) of CGST Act, 2017. Reply By KASTURI SETHI: The Reply: ITC is allowed, all items being movable. ....
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....ITC on construction of immovable property is restricted under Section 17 (5) (d) of CGST Act. Reply By CAVenkataprasad Pasupuleti: The Reply: I endorse the views of learned experts that ITC is eligi....
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....ble as such items not being used in construction of immovable property. Reply By Ganeshan Kalyani: The Reply: The credit on the items are eligible. They are not blocked u/s 17(5) of CGST Act. Reply....
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.... By YAGAY andSUN: The Reply: Provided no Depreciation is availed on the part of GST.<br> Discussion Forum - Knowledge Sharing ....


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