CRUSHER MACHINE
This query is : Resolved
20 February 2024
RESPECTED SIR
BOUGHT 4808 SECONDARY STONE CRUSHER MACHINE COST RS 1015000 AND IGST 182700 IS ELIGIBLE FOR ITC ? IT IS FOR BUSINESS PURPOSE. PLEASE ADVICE THANKS.......
BOUGHT 4808 SECONDARY STONE CRUSHER MACHINE COST RS 1015000 AND IGST 182700 IS ELIGIBLE FOR ITC ? IT IS FOR BUSINESS PURPOSE. PLEASE ADVICE THANKS.......
20 February 2024
Yes, You can take ITC for the purchase of crusher machine
16 August 2025
The Goods and Services Tax (GST) rate applicable to crusher machines is 18% (9% CGST and 9% SGST for intra-state supplies, or 18% IGST for inter-state supplies). This rate is consistent across various platforms and resources.
GST Registration: If your aggregate turnover exceeds ₹40 lakhs (₹20 lakhs for special category states), GST registration is mandatory.
Input Tax Credit (ITC): You are eligible to claim ITC on the GST paid for inputs and capital goods used in manufacturing crusher machines, provided you meet the necessary conditions.
Invoicing: Ensure that all sales invoices are compliant with GST invoicing rules, including the mention of the HSN code and applicable GST rate.
GST Registration: If your aggregate turnover exceeds ₹40 lakhs (₹20 lakhs for special category states), GST registration is mandatory.
Input Tax Credit (ITC): You are eligible to claim ITC on the GST paid for inputs and capital goods used in manufacturing crusher machines, provided you meet the necessary conditions.
Invoicing: Ensure that all sales invoices are compliant with GST invoicing rules, including the mention of the HSN code and applicable GST rate.
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