LIVE GST Certification Course by CA Arun Chhajer begins 21st April. Register Now!!

ITC ON ELECTRICAL FITTINGS

karan (student) (47 Points)

15 September 2017

Where is it mentioned no ITC for electrical fittings?

Reply
Follow
Share

3 Replies

RAMESH KUMAR SINGLA (PROFESSIONAL) (1777 Points)
Replied 15 September 2017

hi.

The general principle of ITC (as provided in section 16) is that if tax has been suffered on receipt of goods/services, then ITC is admissible in the elecronic register. However, the admissibility of credit is subject to certain restrictions mentioned in section 17(5)(c) of CGST Act. Pl check whether your case falls in any of the restrictions incorporated therein. For example, if electrical fittings are for personal use, then credit is barred under the above provision.

karan (student) (47 Points)
Replied 15 September 2017

no electrical fitting are with respect to wires LED bulbs lights etc

T.D. TIWARI (ACCOUNTS MANAGER) (34 Points)
Replied 21 September 2018

Dear Sir,

If I change Led Light in my office and get a Gst Invocie and book it as Electrical repair & maint. expenses (Dr.) & party credit , can I claim input on this expeneses, if yes then what should be HSN code for GST purpose. Thanks.