banner_ad

Allowability of itc

This query is : Resolved 
Profile Image

Profile Image

(Querist)
08 June 2018 Dear Sir,
can we get ITC on purchase of office AC ?? Actually i am confused whether it treated as building material or machinery becaouse on building material we cant get itc .


pls advise
Profile Image

Vishakha Kejriwal.

Profile Image

Vishakha Kejriwal. (Expert)
09 June 2018 Please note that as per Section 17(5) of the CGST Act, goods or services or both received by a taxable person for construction of an immovable property (other than plant or machinery) is not eligible for ITC. Immovable property here includes building.
Profile Image

ANIMESH PANDEY

Profile Image

ANIMESH PANDEY (Querist)
09 June 2018 My question is whether AC be treated as building material or not??
Profile Image

Vishakha Kejriwal.

Profile Image

Vishakha Kejriwal. (Expert)
09 June 2018 AC is office furniture and ITC would be allowed.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
11 May 2026
CA Dropout

Patron Accounting LLP

Pune

CA Inter

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
09 May 2026
Audit Manager

Kanna and Associates

Coimbatore

CA Inter

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
11 May 2026
AUDIT INTERN

M/S K.K.KHANNA AND COMPANY

Noida

CA Foundation

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details