Input Credit on Availment
This query is : Resolved
Quick Summary
30 June 2022
Hi,
Need help on availment of input credit on Gst Invoice of Renovation of work done of factory flooring and walls in my company.
Can i claim Itc as i have considered the same under fixed Assets under Factory Building
Kindly revert with valuable answer
Thanks
Need help on availment of input credit on Gst Invoice of Renovation of work done of factory flooring and walls in my company.
Can i claim Itc as i have considered the same under fixed Assets under Factory Building
Kindly revert with valuable answer
Thanks
30 June 2022
If the work is being capitalised under building then ITC will not be available
01 July 2022
ITC On factory Building is not allowed.
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