30 January 2023
Dear Sir, We are a sheet metal manufacturing unit in Bangalore. Purchased a Laser Cutting machine in April, 2017. We do sales of sheet metal products and also provide services of laser cutting or bending only, i.e. job-work. We are under Service Tax. Labour charges under KVAT are zero-rated sales but we include Service Tax in the Invoice to our clients. Will I be able to avail full ITC of the machinery purchase ? Thanks, Ramesh
31 January 2023
Thank you for your reply Sir... we are also doing manufacturing sales, hence i presumed we should be able to avail ITC ... thanks for the info
CAclubindia
