GST ITC eligabilit on installation of Solar Power Panel on roof top
This query is : Resolved
04 March 2023
Dear all
we are installed Solar Power Panel as electricity power generation and same use for taxable manufacturing product
supplier charged 12% on 70% value CSGST Rs 123 and SGST Rs 123
18% on 30% value CSGST Rs 123 and SGST Rs 123
which is eligible as ITC input
thanks in advance
we are installed Solar Power Panel as electricity power generation and same use for taxable manufacturing product
supplier charged 12% on 70% value CSGST Rs 123 and SGST Rs 123
18% on 30% value CSGST Rs 123 and SGST Rs 123
which is eligible as ITC input
thanks in advance
04 March 2023
As per Sec 17(5)(d) goods or services or both received by a taxable person for construction of an immovable property (other than plant or machinery) on his own account including when such goods or services or both are used in the course or furtherance of business.
If this installation is considered as Immovable property other than P&M then it will be covered under Blocket Credit
If this installation is considered as Immovable property other than P&M then it will be covered under Blocket Credit
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